Encina Provides $70MM Revolving Credit Facility to a Processor and Distributor of Milk

Austin Capasso Press, Revolving Credit Line

Chicago, IL July 21, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $70 million senior secured revolving credit facility to a leading national processor and distributor of branded and private label milk. The revolver was provided to help finance the acquisition of the company and to provide ongoing working …

Encina Provides $35MM Facility to a Leading Supplier and Distributor of Paint Supplies

Austin Capasso Press, Revolving Credit Line

Chicago, IL June 22, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $35 million senior secured credit facility to a leading retailer and distributor of paint and paint supplies. The facility consists of a senior secured revolving line of credit based on accounts receivable and inventory. Launched in 2016, …

Encina Announces the Closing of $75MM Facility with Horizon Global Corporation

Olivia Coolbrith Press, Revolving Credit Line

Chicago, IL – March 16, 2020 – Encina Business Credit, LLC (“EBC”) announces the completion of a $75.0 million revolving credit facility for Horizon Global Corporation (“Horizon”). The facility will be used to replace an existing facility and will provide for ongoing working capital. Horizon (www.horizonglobal.com), headquartered in Plymouth, Michigan, USA, was founded in 2015 …