Directed Capital closed its seventh fund at $77 million following a $40 million increase in the firm’s revolving credit facility from Goldman Sachs Bank from $60 million to $100 million.

Directed Capital is a national distressed asset workout specialist firm that opportunistically acquires, manages and resolves distressed commercial mortgage loans in the $1 million to $10 million range.

“At Directed Capital, we solve critical problems that exist in the market and turn them into unique opportunities for investment and economic growth,” said Directed Capital’s CEO Chris Moench. “We provide small- to mid-sized businesses that are struggling to avoid foreclosure with the much-needed flexible solutions that many traditional lenders are not able to offer. At the same time, we provide investors with low-risk, uncorrelated investment returns that have consistently outperformed the market.”