Breakout Capital, a technology-enabled small business lender, obtained a new revolving credit facility from Drift Capital Partners, an alternative asset management company based in Charleston, SC.

The facility is structured to scale in alignment with Breakout Capital’s growth, and at least $25 million in revolving debt is expected to be available to provide working capital.

“We have enjoyed a long-standing financial partnership with Drift, and we appreciate the continued trust they have placed in us with this new credit facility. Drift’s facility will further bolster our growth trajectory and enable us to provide tens of millions of dollars or more of additional working capital to small businesses across the country,” said Carl Fairbank, founder and CEO of Breakout Capital.

“Drift has a proven track record of identifying and partnering with platforms positioned for long-term success in the alternative finance space. As a long-time partner to Breakout Capital, we recognize that the company’s superior management team employs an innovative business model that should enable it to become one of the top players in the market. I could not be happier than to extend our relationship with Breakout Capital, and look forward to a long-term partnership with the company,” said McLean Wilson, co-founder and managing partner of Drift.

McClean, VA-based Breakout Capital is a founding member of the Coalition for Responsible Business Finance and a vocal advocate for comprehensive, standardized product and cost disclosure and full transparency across all alternative finance products.