Bryant Park Capital arranged a $20 million senior secured credit facility with an alternative lender to the specialty finance sector for NLS Equipment Finance.
This new credit facility enables the company to significantly increase new asset originations throughout the U.S.
NLS is a newly established micro-ticket leasing corporation that specializes in lease financing for point-of-sale (POS) credit/debit card authorization systems and other critical business equipment. The company’s predecessor has been operating in the space since 1991 and has originated over one million organic leases to date.
“Bryant Park Capital acted as a true partner to the company. We are now well positioned to enhance our scale in the market and can’t thank the BPC team enough for its unwavering commitment to our capital raising process,” said Jay Cohen, CEO of NLS.