Encina Lender Finance and Cardo AI have created a partnership designed to revolutionize the asset-based finance (ABF) market, as the companies aim to delivering faster, more efficient funding solutions for originators and greater capital deployment opportunities for institutional investors (LPs).
“Our partnership with Cardo AI represents a major step forward in the evolution of asset-based finance,” Geoff Beard, CEO and chief investment officer at Encina Lender Finance, said. “By integrating technology-driven solutions into our investment and surveillance processes, we are accelerating transactions and enhancing overall market efficiency.”
“As we strengthen our presence in the U.S. market, we are excited to collaborate with ELF to redefine the way structured credit operates” Altin Kadareja, co-founder and CEO at Cardo AI, said. “With our intelligent technology and the ELF team’s expertise in structuring asset-backed credit facilities and forward flow purchase programs, we are creating a more transparent, scalable and investor-friendly ABF ecosystem.”
