Press

Chicago, IL – March 1st, 2023 – Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Anthony Lavinio has joined its underwriting team as a Managing Director. Mr. Lavinio is an asset-based lending professional with over 25 years of experience in underwriting, portfolio management, and new business originations at non-bank private debt funds. Prior…

Chicago, IL – February 24th, 2023 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $135 million senior secured revolving credit facility to an e-commerce retailer. The credit facility is secured by accounts receivable and inventory with the proceeds being used to refinance the existing line of credit.  EBC’s demonstrated track record…

Chicago, IL – January 30th, 2023 – Eclipse Business Capital LLC (“EBC”) announced that it has agented a $125 million senior secured debtor-in-possession (“DIP”) revolving credit facility to a mattress manufacturer. The credit facility is secured by accounts receivable and inventory. The transaction facilitates a restructuring with existing lenders to de-lever and provide runway for…

Chicago, IL – January 25, 2023 – Eclipse Business Capital LLC (“EBC”) announced today that it has provided a $28.5 million senior secured credit facility to support the acquisition of a flooring products distributor. The transaction included a $25mm revolving line of credit and a $3.5mm machinery & equipment term loan that are secured by…

Chicago, IL – January 9th, 2023 – Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Kate Madine has joined the organization as a Managing Director. Ms. Madine is an experienced finance professional with a strong capital markets and commercial loan workout background that will be a great asset to EBC. She started her…

Chicago, IL – January 9th, 2023 – Eclipse Business Capital (“EBC”), announced today that it has provided a $200 million senior secured revolving credit facility to a leading provider of products to the Petrochemical Industry. The credit facility is secured by accounts receivable and inventory that will be used to support ongoing working capital needs.…

Chicago, IL – December 20th, 2022 – Eclipse Business Capital LLC (“EBC”) announced today that it has provided a $40 million M&E term loan facility to an existing customer in the steel industry. In conjunction with the term loan, EBC increased the company’s revolving credit facility by $25 million from $125 million to $150 million.…

Chicago, IL – December 13th, 2022 – Eclipse Business Capital LLC (“EBC”) announced todaythat it has provided a $100 million senior secured revolving credit facility to BJ EnergySolutions. The credit facility is secured by accounts receivable and real estate. The transaction was used to refinance outstanding debt and to fund capital expenditures needed for the…

Chicago, IL – October 20, 2022 – Eclipse Business Capital, LLC continues to bolster its team with the additions of Michael Prescott, Kristen Bagley, and Alex Gruber. Both Michael and Kristen join us from Protiviti where they served as Senior Consultants, while Alex served as a Senior Associate with BDO USA, LLP. All three will be engaged in EBC’s…

Chicago, IL – October 17, 2022 – The ABF Journal recently announced its 2022 Industry Icon Awards and have recognized EBC CEO Martin Battaglia as a recipient of the Pioneer Icon Award. Over the course of a 40+ year career, Marty has built many success ABL platforms as he has most recently done with Eclipse.…

Chicago, IL – September 7, 2022 – Eclipse Business Capital LLC (“EBC”) announced today that it has provided a $10 million senior secured revolving credit facility in the automotive marketing industry. The credit facility is secured by accounts receivable and will be used to refinance an existing facility and to support ongoing working capital. The…

Chicago, IL – July 6, 2022 – Eclipse Business Capital has been named to the ABF Journal’s Most Innovative Companies for the second year in a row. The ABF Journal began its annual list in 2020 to recognize the industry’s most innovative companies in specialty finance. The list is comprised of 30 companies, which includes…