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Encina Business Credit Closes $15.3MM Credit Facility for Thermoplastic Parts Maker
Monday, October 21, 2019

Lenders/Participants Encina Business Credit, LLC [Lender]
Structure Senior Secured Credit Facility
Amount $15.300 Million
Borrower(s) Undisclosed
Description 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.
Industry Plastics
Related Tags Encina Business Credit

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