Encina Lender Finance (ELF) closed an inaugural $25,000,000 senior credit facility for Sparrow Financial. Headquartered in Las Vegas, Sparrow is a fintech startup lending to consumers nationwide. Bill Laird, Head of Risk for ELF’s consumer vertical, said, “Encina...
ATLANTA, GA – FEBRUARY 14, 2023 –Encina Lender Finance, LLC (ELF) announced today the closing of a $50MM senior secured credit facility for Mountain Ridge Capital, an asset-based commercial finance company backed by Arena Investors, LP. Ed Chang, CEO of ELF, said, “We...
Encina Lender Finance promoted Dan Avnir to chief commercial officer. Avnir had previously served as managing director of originations for the firm. In Avnir’s new role, he will continue to lead Encina Lender Finance’s origination strategy across its commercial and...
Doc2Doc, a leading LendTech company focused on the medical space, announces the closing of a new $25 Million warehouse facility to help further growth, provided by Encina Lender Finance. “We are ecstatic to be able to help more members, and grateful for our...