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Home Deal Announcements

California Bank & Trust Provides Senior Secured Line of Credit to Lenders Funding

byBrianna Wilson
June 5, 2024
in Deal Announcements

California Bank & Trust, a division of Zions Bancorporation, has provided Lenders Funding a senior secured line of credit, which will allow Lenders Funding to continue offering a wide range of participations, lines of credit and warehouse lines to factors, asset-based lenders and specialty finance companies.

“We listen to, we understand and we support our borrowers and clients. We customize everything. Documents, terms, and rates are all designed around what our counterparties need, not around our convenience,” Bob Zadek, founder and president of Lenders Funding, said. “Our clients interact only with decision-makers, not with intermediaries. Our strength is that we see transactions which other lenders overlook.”

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