Encina Provides $25MM Revolving Credit Facility to E-Commerce Retailer

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that is has provided a $25 million senior revolving credit facility to an e-commerce retailer. The senior secured revolving line of credit, which is collateralized by accounts receivable, and inventory, was used to provide working capital financing.  In addition, the facility offers a $10 million accordion feature that allows …

Encina Provides $21MM Revolving Credit Facility to Retail Pharmacy Chain

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided a $21 million senior secured revolving credit facility to a regional retail pharmacy chain. The senior secured revolving line of credit, which is collateralized by accounts receivable, inventory, and prescription scripts was used to refinance the borrower’s existing facility and contains a committed accordion that …

Encina Provides $35MM Revolving Credit Facility to Retailer

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided a $35 million senior secured revolving credit facility to a retailer. The senior secured revolving line of credit, which is collateralized by accounts receivable and inventory, was used to refinance the borrower’s existing facility. Encina’s demonstrated track record in the retail industry, provided the borrower …