In October 2020, Encina Capital Partners, LLC and an affiliate of certain funds managed by Oaktree Capital Management, L.P. announced the formation of Encina Lender Finance, a new independent lender finance platform targeting commercial and consumer specialty finance companies in the U.S. and Canada.
BOSTON, April 4, 2022 /PRNewswire/ — Stride Funding, Inc. (Stride) announced its partnership with Encina Lender Finance (ELF) and other top-tier credit funds to increase financial support for students pursuing high-impact bootcamp and certificate programs across the US.
Encina Lender Finance closed a $300 million credit facility (which includes an accordion feature) for Arena Investors‘ corporate private credit business segment, which provides capital to privately-held companies.
Atlanta, GA – February 14, 2022 – Encina Lender Finance, LLC (“ELF”) and Georgia Banking Company (GBC) announced today that they have provided a $40 million senior credit facility to Microf LLC (“Microf”), a leading provider of rent-to-own and lease-purchase solutions for residential HVAC systems. The credit facility was used to refinance existing credit facilities and to expand debt capacity to fund Microf’s continued growth.
Atlanta, GA – Encina Lender Finance, LLC (“ELF”) announced today that it has provided a $50 million senior credit facility with an accordion feature for an incremental $50 million in potential capacity to Crossroads Financial LLC (“Crossroads”), the industry-leading provider of inventory-only revolving credit facilities in the below $10 million size range to companies nationwide and the preferred partner to factoring companies and accounts receivable lenders. ELF’s credit facility closed simultaneously with a mezzanine debt facility from a different lender.
