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Encina Business Credit, Equipment Finance Provide Joint $35MM Credit Facility to Trucking Company

October 18, 2018, 07:03 AM
Filed Under: Trucking

Encina Business Credit and Encina Equipment Finance jointly announced that they have provided a $35 million senior secured credit facility to a
medium- and long-haul trucking company. The financing, which is comprised of a revolving line of credit, a term loan and a delayed-draw capital expenditure line, is being used primarily to refinance existing debt and to provide additional capital for growth.

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