Encina Provides $35MM Loan to an I.T. Services Company

admin Press, Revolving Credit Line, Term Loan

Chicago, IL – February 20, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $35 million senior secured credit facility to an information technology services company. The financing, which is comprised of a revolving line of credit, was used to fund an acquisition, repay existing senior debt and provide working …