Press

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…

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…

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…

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

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…

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…