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 are proud to support Mountain Ridge Capital and its senior management team comprised of long-standing industry veterans, who have a demonstrated and impressive track record in asset-based lending. We look forward to working closely with Craig Winslow and his team as they continue to grow their business.”

Craig Winslow, President and Chief Credit Officer of Mountain Ridge, noted, “I’ve enjoyed working closely with the Encina team to put in place a customized and flexible credit facility that will enable us to build a diverse, scalable portfolio of well-structured asset-based revolvers and term loans.”

About Encina Lender Finance

Headquartered in Atlanta, Encina Lender Finance offers revolving lines of credit and term loans ranging in size from $10 – $50MM to emerging and established specialty finance companies (sponsor and non-sponsor backed) across a wide range of asset classes including, but not limited to, asset-based lending, factoring, equipment leasing, insurance finance, private credit, consumer lending and specialty consumer equipment finance.

Visit the website at

About Mountain Ridge Capital

Mountain Ridge Capital provides highly customized asset-based revolvers and term loans to middle-market businesses and utilizes an industry agnostic approach to consider advancing against all types of collateral. Mountain Ridge targets lending to privately-held, family-owned and private equity-backed businesses requiring liquidity to support business transitions, including turnarounds, restructuring, acquisitions and changes in ownership or control. The Mountain Ridge platform was created in partnership with Arena Investors, LP ( Mountain Ridge offers borrowers quick turnaround times and has a team of experts that understand all types of collateral, not just traditional A/R and inventory, which results in higher advance rates and more overall liquidity as compared to many traditional bank products. Visit the website at