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Encina Business Credit Provides Working Capital, Refi Support to Associated Steel Group

September 13, 2018, 07:21 AM
Filed Under: Steel

Encina Business Credit, LLC (EBC) announced that it has provided a senior secured credit facility to Associated Steel Group, LLC and certain of 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 credit facility and to provide working capital for growth.

Based in Oklahoma City, Associated Steel is a fully-integrated manufacturer of pre-engineered metal buildings and related components, specializing in the construction of complex metal structures used for office and retail buildings, manufacturing plants, churches, schools, agricultural buildings, aircraft hangers and other purposes.

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