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Home Deal Announcements

Haversine Provides $23.5MM in Participation and Lender Finance Funding Solutions

byBrianna Wilson
December 6, 2024
in Deal Announcements

Haversine Funding, a provider of specialized financial solutions for the factoring and asset-based lending industries, made several recent funding transactions:

  • $7 million disaster recovery loan participation with an asset-based lender to support hurricane cleanup and recovery efforts
  • _x000D_

  • $8.5 million emergency forest fire participation funding for seasonal needs in a high-demand period
  • _x000D_

  • $5 million senior, lender finance line of credit for an equipment lender looking to scale operations
  • _x000D_

  • $2 million senior line of credit for a transportation factor preparing for growth in 2025
  • _x000D_

  • $1 million senior line of credit for a transportation factor also gearing up for anticipated expansion in the coming year
  • _x000D_

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