Press

Eclipse Business Capital, LLC adds to its Underwriting and Portfolio teams in 2022.

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…
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ABF Journal recognizes EBC CEO Martin Battaglia as one of 2022’s ABL Industry Pioneer Icons.

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.…
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Eclipse Business Capital Provides $10 Million Revolving Credit Facility

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…
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Eclipse Business Capital named to the ABF Journal’s “Most Innovative Companies” for the 2nd Year in a row

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…
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Eclipse Business Capital Adds Adrian Watson to Business Development Team

Chicago, IL – June 23, 2022 – Eclipse Business Capital, LLC is pleased to announce that Adrian B. Watson has joined the organization as a Managing Director. Mr. Watson joins EBC from JP Morgan where he was a Sr. Underwriter in ABL. At Eclipse, Mr. Watson steps into the role of Business Development Officer and…
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Eclipse Business Capital Provides $200 Million DIP Revolving Credit Facility

Chicago, IL – June 8, 2022 – Eclipse Business Capital LLC (“EBC”) announced today that it has provided a $200 million senior secured debtor-in-possession revolving credit facility to a chemical manufacturer. The credit facility is secured by accounts receivable and inventory and will be used to restructure and refinance a prepetition facility and to support…
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Eclipse Business Capital, LLC continues its 2022 expansion with new additions to the team

Chicago, IL – May 16, 2022 – Eclipse Business Capital is pleased to announce the following new hires in 2022: Accounting/Finance Kenya Hall – Associate Operations JR Thompson – VP Underwriting Joey Ales – Associate Benjamin Stefani, CPA – AVP Thomas Stone – AVP Portfolio Management Robert Richardson – AVP Kevin Trout – VP
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Eclipse Business Capital Provides $125 Million In Financing To An Integrated Steel Manufacturer

Chicago, IL – April 18, 2022 – Eclipse Business Capital (“EBC”) announces the completion of a revolving credit facility for a vertically integrated manufacturer of steel products.  The credit facility is used to refinance existing bank indebtedness and to provide ongoing working capital financing.  This new revolver from Eclipse will provide needed liquidity to allow…
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Eclipse Business Capital Provides $15 Million Revolving Credit Facility

Chicago, IL – March 17, 2022 – Eclipse Business Capital LLC (“EBC”), formerly known as Encina Business Credit, announced today that it has provided a $15 million senior secured revolving credit facility to a commercial hospitality furniture manufacturer and designer. The credit facility is secured by accounts receivable and inventory and will be used to…
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Eclipse Business Capital Provides $130 Million Senior Secured Credit Facility

Chicago, IL – February 14, 2022 – Eclipse Business Capital LLC (“EBC”), formerly known as Encina Business Credit, announced it has provided a senior secured, $130 million revolving credit facility to a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions. The credit facility is secured by accounts receivable and inventory and…
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Eclipse Increased Commitments by 23.3% in 2021 and expanded its capital base with Barings, LLC

Chicago, IL – February 2, 2022 – For fiscal year 2021, Eclipse Business Capital, LLC (“EBC”) is pleased to announce that it increased its portfolio by 14.8% in deal volume and 23.3% in commitment amounts. Deal sizes in 2021 ranged as low as $10 million and as large as $140 million, and borrowers spanned several…
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Eclipse Provides $45 Million Revolving Credit Facility

Chicago, IL – December 7, 2021 – Eclipse Business Capital LLC (“EBC”), formerly known as Encina Business Credit, announced today that it has provided a $45 million senior secured revolving credit facility to a coal mining company based in the U.S. and Canada. The credit facility is secured by accounts receivable and will be used…
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