Allied Alloys Wins New Lender’s First Finance Deal

admin Press, Revolving Credit Line

NEW YORK — Allied Alloys LP has landed a $20-million revolving credit facility from Encina Business Credit LLC, representing the newly formed lender’s first financing deal. “Because of the type of (credit) structure we put together working with Encina, (which) just entered the market, we have access to more working capital,” Ron Cayon, chief financial …