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Encina Business Credit Provides $80MM Revolving Credit Facility to Provider of Business Services

November 20, 2020, 08:25 AM
Filed Under: Services

Encina Business Credit provided an $80 million senior secured revolving credit facility to a leading global provider of Business Process Services.
The senior secured revolving line of credit, which is collateralized by accounts receivable, was used to finance ongoing working capital financing.

Encina’s demonstrated track record for closing similar transactions with speed and reliability provided the borrower and its advisors the level of certainty they were seeking.

Launched in 2016, EBC is one of the country’s top independent asset-based lending platforms that provides financing to middle-market borrowers in the U.S. and Canada. The firm provides revolving lines of credit and term loans ranging in size from $10 – 120 million that are secured by collateral such as accounts receivable, inventory, equipment or real estate. Encina lends to both privately-owned and publicly traded companies across a range of industries including manufacturing, retail, automotive, oil & gas, services, distribution and consumer products.


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