Encina Business Credit provided a $40 million senior secured revolving credit facility to a food packaging company. The line of credit was used to refinance the borrower’s existing bank facility.
White Oak Commercial Finance hired Garrick Tan, Fridolf Hanson and Bill Kearney as senior business development officers to its ABL and lender finance platform. In their roles, Tan, Hanson and Kearney will focus on sourcing transactions with committed capital needs ranging from $15 million to $250 million.
Encina Business Credit is acting as the revolving agent on a $115 million senior secured credit facility used to support the acquisition of a mid-sized discount retailer of home décor.
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.
Encina Business Credit provided a $72.5 million senior secured credit facility to a manufacturer and distributor of heating, ventilating and cooling products used in both residential and commercial applications.
Encina Business Credit provided a $50 million senior secured credit facility to a news publishing company.
EducationDynamics has raised $80 million from WhiteHorse Capital Management to finance the acquisition of Thruline Marketing assets from Oaktree Capital Management. The company also raised $12.5 million from Encina Business Credit in the form of a revolving credit facility.
Encina Business Credit provided a $12.5 million senior secured credit facility to a provider of digital and telephonic marketing services.
Encina Business Credit provided a $70 million senior secured revolving credit facility to a national processor and distributor of branded and private label milk.
Encina Business Credit provided a $25 million senior secured credit facility to a value-added master steel distributor and processor.