Recent News

$50MM Senior Secured Revolving Credit Facility with Saratoga Investment Corp.

NEW YORK – Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its wholly-owned subsidiary, Saratoga Investment Funding II LLC (“SIF II”), an entity formed for purposes of entering into this financing arrangement, closed a new $50.0 million senior secured credit facility (the “Facility”) with Encina Lender Finance, LLC (“Encina”). The Facility will be supported by loans held by SIF II and pledged to Encina under the terms of the credit agreement.

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Encina Lender Finance Fact Sheet

Encina Lender Finance, LLC is a non-bank lending platform offering first lien secured loans with commitment sizes ranging from $10–$40 million to specialty finance companies that provide financing to businesses and consumers in the U.S. and Canada.

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