American Apparel filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, seeking approval of a proposed $30 million revolving DIP credit facility agented by Encina Business Credit.
Encina Business Credit provided a $5 million asset-based revolving credit facility to a provider of animal nutritional supplements based in the Southwestern U.S.
Starting a new nonbank ABL is not for the faint of heart, says Encina Business Credit CEO Marty Battaglia. The 30-year ABL veteran spoke with ABF Journal editor Nadine Bonner about the challenges of starting a new business and the slow, sure future he envisions.
Encina Business Credit provided a $20 million asset-based revolving credit facility to a processor and broker of scrap metals based in the Southern U.S.
GE Capital veterans Thomas Sullivan and Sean Sheehan joined Encina Business Credit as chief credit officer and managing director, respectively.
It’s spring! Oaktree Capital Management is branching out and launching Encina Business Credit, an independent asset-based lending platform. Artist Jerry Gonzalez illustrates this new financial planting.
Encina Capital Partners and an affiliate of Oaktree Capital Management launched Encina Business Credit, a new, independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada.