Encina Business Credit Revenue and Competitors

Launched in March 2016, Encina Business Credit, LLC (EBC) is a Chicago-based, independent asset-based lending (ABL) platform targeting middle-market borrowers in the U.S. and Canada that cannot obtain required financing from traditional banks. The firm provides revolving lines of credit and term loans ranging in size from $10 - $100 million and secured by accounts receivable, inventory, machinery & equipment and real estate. The platform lends to both privately-owned (sponsor and non-sponsor) and publicly-traded companies across a wide range of industries, including manufacturing, retail, automotive, oil & gas, services, distribution and consumer products. Borrowers use loan proceeds to fund working capital, acquisitions, refinancings, growth, restructurings/turnarounds, debtor-in-possession (DIP)/exit financings and other special situations. Positive cash flow is not a requirement. With backing from Encina Capital Partners, an investment firm focused on specialized lending and leasing platforms, and an affiliate of certain funds managed by Oaktree Capital Management, L.P., EBC has the financial wherewithal to build a large, diversified portfolio while differentiating itself through a consultative and solution-oriented approach to working with customers to help them achieve their objectives. EBC is led by Marty Battaglia, a 30-year industry veteran who has been instrumental in building highly successful ABL platforms at PPM America and LaSalle Business Credit. Marty is joined by a team of seasoned business development, risk management and operations executives who average 25 years of relevant experience. The management team is supported by a distinguished board that includes two former officers from General Electric Company — Paul Bossidy and William Brasser. Mr. Bossidy and Mr. Brasser are both Senior Advisors to Encina Capital.