Encina Provides $35MM Credit Facility to Trucking Company

admin Press, Revolving Credit Line, Term Loan

Chicago, IL and Danbury, CT – October 18, 2018 – Encina Business Credit and Encina Equipment Finance jointly announced today that they have provided a $35 million senior secured credit facility to a medium- and long-haul trucking company. The financing, which is comprised of a revolving line of credit, a term loan and a delayed-draw capital …

GE Capital Veterans Reunite to Launch Encina Equipment Finance

admin Press, Revolving Credit Line, Term Loan

Encina Capital Partners, LLC (Encina) and an affiliate of certain funds managed by Oaktree Capital Management, L.P. (Oaktree Investor) together announced today that they have launched Encina Equipment Finance, LLC (EEF), a new independent equipment finance company targeting non-investment grade borrowers in the U.S. and Canada that cannot obtain required equipment financing from traditional banks. Headquartered in Danbury …