Madison Street Arranges Facility for Investment Evolution Global
Madison Street Capital acted as financial advisor in arranging a senior debt facility for its client, Investment Evolution Global Corporation, announced Charles Botchway, CEO of Madison Street Capital. The senior debt facility was provided by Boston Finance Group. Madison Street Capital senior managing director Karl D’Cunha led the transaction. Terms of the deal were not disclosed.
“Karl D’Cunha at Madison Street Capital was highly skilled in finding the perfect lending partner for our company,” said Paul Mathieson, CEO of Investment Evolution Global Corporation. “We are thrilled to be backed by John Fernando’s talented team at Boston Finance Group.”
D’Cunha stated: “We are excited for the team at IEG as they expand their Australian operations to the USA. This capital raise will help IEG with their goal of providing lending solutions to a significantly underserved segment in the consumer finance market.”
The Investment Evolution Global group of companies (IEG) is a market provider in the consumer finance industry. IEG operates two major lending brands via its branch network – Mr. Amazing Loans in USA and Amazing Loans in Australia.
Founded by Paul Mathieson in Australia in February 2005, IEG is now expanding rapidly across the U.S. obtaining state consumer lending licenses and opening offices in Nevada, Arizona, Illinois and Florida. The group plans to expand its USA branch network in 2013/2014 to include New York, New Jersey, Texas and California.
Boston Finance Group, LLC originates and funds private loans for borrowers who may not have access to traditional sources of capital due to the unique nature of their businesses or collateral.
Madison Street Capital is an international investment banking firm that provides mergers and acquisition advisory, financial advisory, financing services, valuation services, and operational improvement and restructuring services to public and private businesses as well as asset managers.