Arsenal Funding, a merchant cash advance funder headquartered in West Palm Beach, FL, closed on $16 million of bank financing to continue growing its funding portfolio, with Crown Partners serving as financial advisor
Since 2021, Crown Partners has served as exclusive financial advisor to Arsenal. During this time, Crown has facilitated Arsenal’s capital objectives, including arranging financing from two commercial banks and establishing a strategic forward flow funding relationship with a private credit fund.
This transaction represents Crown’s fourth lender finance transaction since its launch in 2021, and builds on its principals’ track record serving entrepreneurial finance companies ranging from asset-based lenders, factoring companies, equipment finance companies and other niche specialty lenders. Crown differentiates itself within lender finance by pairing its capital raising function with a robust financial analytics team that works closely with clients to produce superior financial and asset performance data.
“On behalf of my team at Arsenal Funding, we want to thank Crown Partners for overdelivering for us again with an exceptional outcome to our latest capital raising process. We are proud to welcome a new national banking partner, and to continue to increase our funding capabilities. Arsenal’s goal remains the same as always: to utilize our industry leading underwriting, our highly experienced team and our unparalleled ISO relationships to continue to provide quick and efficient services to our merchants so that their small and midsize businesses can continue to grow and prosper,” Marlen Kruzhkov, managing partner at Arsenal Funding, said.
