Encina Provides Senior Secured Credit Facility to Steel Company

admin Press, Revolving Credit Line, Term Loan

Chicago, IL – September 13, 2018 – Encina Business Credit, LLC (EBC) announced today that it has provided a senior secured credit facility to Associated Steel Group, LLC and its subsidiaries.  The financing, which is comprised of a revolving line of credit and two term loans, will be used primarily to refinance the company’s existing senior …

Encina Provides $12MM Credit Facility to U.S. Steel Distributor

admin Press, Revolving Credit Line, Term Loan

<a href=”http://encinabc.com/” target=”_blank”>Encina Business Credit</a>, LLC (EBC) announced that it has provided a $12 million senior secured credit facility to a distributor of specialty steel products based in the southern U.S. The financing, which is comprised of a revolving line of credit and a term loan, will be used to refinance certain of the company’s …