Dealstruck Raises $58MM in New Funding
Dealstruck secured a $50 million facility led by Brevet Capital Management and $8.3 million in equity funding led by Trinity Ventures.
Dealstruck secured a $50 million facility led by Brevet Capital Management and $8.3 million in equity funding led by Trinity Ventures.
Dealstruck appointed quantitative expert Shuo Xie for the role of senior quantitative risk analyst.
Dealstruck provided growth capital to 2M Research Services. The term loan and credit line will enable 2M to pay off its Merchant Cash Advance and provide the company with increased cash-flow.
Dealstruck provided growth capital to a homecare franchise owner. Its term loan and line of credit will increase cash-flow for the business.
Dealstruck provided growth capital to Atrium Painting. A line of credit, designed for growing, profitable small businesses, will provide the company with greater cash flow.
Online crowdlending provider Dealstruck appointed Robert Lopez as director of servicing. Lopez was formerly chief credit officer at Accion, a worldwide microlender.
Dealstruck announced it committed a $100,000 “CrowdLine” line of credit for communications infrastructure provider Relldan (formerly Surf-Tel).
Dealstruck announced the launch of its ABL product to provide flexible working capital to growing small businesses.