Encina Business Credit provided a $75 million senior secured revolving credit facility to a global provider of risk management and operational support services to government and commercial clients.
The senior secured revolving line of credit, which is collateralized by accounts receivable, was used to refinance existing debt and provide ongoing working capital financing.
Launched in 2016, Encina Business Capital is an asset-based lending platform that provides financing to middle-market borrowers in the U.S. and Canada.
