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 …

Encina Provides $15MM Facility to Manufacturer of Engineered Products

Austin Capasso Press, Revolving Credit Line, Term Loan

Chicago, IL – February 27, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million senior secured credit facility to a manufacturer of aluminum extrusions and highly engineered products. The credit facility consists of a revolving line of credit based on accounts receivable and inventory and a term loan …