Encina Business Credit, LLC (EBC) announced that Dan deBrauwere and Steve Janson have joined the company as Business Development Officers. deBrauwere, who will cover southern California from Los Angeles, is a well-respected leader in the financial services industry, with over 20 years’ experience in asset-based lending, business origination, restructuring, and commercial banking. He previously served in senior leadership roles at PNC Business Credit, U.S. Bank, Bank of America Business Credit, and CRG Partners, where he was successful in originating new business, growing profitable relationships, and advising companies through all levels of performance.

Janson, who is based in Charlotte, is an asset-based lending veteran, having held a number of senior business development and relationship management roles.  He joins Encina from MB Business Capital, where his geographic coverage included North Carolina, South Carolina, Virginia, Tennessee and Kentucky.  Mr. Janson earned several new business development awards while at MB Business Capital, and during his tenure at BB&T, PNC Business Credit, and LaSalle Business Credit.

Launched in March 2016, EBC is an independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada. The firm provides revolving lines of credit and term loans ranging in size from $10–$100 million and secured by accounts receivable, inventory, machinery & equipment and real estate. The platform lends to both privately-owned and publicly-traded companies across a wide range of industries, including manufacturing, retail, automotive, oil & gas, services, distribution and consumer products. Borrowers use loan proceeds to fund working capital, acquisitions, refinancings, growth, restructurings/turnarounds, debtor-in-possession (DIP)/exit financings and other special situations. Positive cash flow is not a requirement.