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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Encina Business Credit Closes $15.3MM Credit Facility for Thermoplastic Parts Maker
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Lenders/Participants
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Encina Business Credit, LLC [Lender]
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Structure
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Senior Secured Credit Facility
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Amount
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$15.300
Million
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Borrower(s)
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Undisclosed
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Description
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The facility consists of a revolving line of credit based on accounts receivable and inventory, and term loans based on M&E and real estate. Loan proceeds will be used to refinance an existing facility and to provide ongoing working capital financing. Transaction details not disclosed.
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Industry
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Plastics
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| Related Tags |
Encina Business Credit
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ABL Advisor
Deal Tables
2024
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