Encina Lender Finance (“ELF”) and Cardo AI have created a partnership to revolutionize the asset-based finance (ABF) market, delivering faster, more efficient funding solutions for originators and greater capital deployment opportunities for institutional investors (LPs).

As the ABF market continues to grow, the collaboration between ELF and Cardo AI will set new industry standards, making structured credit more accessible, data-driven, and efficient.

ELF brings cutting-edge structuring and credit risk management expertise to asset-backed credit facility and forward flow purchase program investments, while Cardo AI delivers advanced technology to streamline deal execution, enhance risk monitoring, and improve transparency for all stakeholders.

“Our partnership with Cardo AI represents a major step forward in the evolution of asset-based finance,” said Geoff Beard, CEO & Chief Investment Officer at ELF. “By integrating technology-driven solutions into our investment and surveillance processes, we are accelerating transactions and enhancing overall market efficiency.”

“As we strengthen our presence in the U.S. market, we are excited to collaborate with ELF to redefine the way structured credit operates” said Altin Kadareja, Co-Founder and CEO at Cardo AI. “With our intelligent technology and the ELF team’s expertise in structuring asset-backed credit facilities and forward flow purchase programs, we are creating a more transparent, scalable, and investor-friendly ABF ecosystem."

This partnership is just the beginning of a transformative shift—one that will empower originators, institutional investors, and the broader structured finance ecosystem to capitalize on the full potential of asset-based lending in the non-bank specialty finance sector.