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Encina Business Credit Provides $18MM Credit Facility to Injection Molding Firm

October 25, 2018, 07:04 AM
Filed Under: Manufacturing

Encina Business Credit, LLC (EBC) announced that it has provided an $18 million senior secured credit facility to a plastic injection molding company. 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.

Launched in March 2016, EBC is an independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada.  

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