US Capital Partners provided a financing line of credit scalable to $15 million for an alternative lender headquartered in the Southeastern U.S.
This early-stage alternative loan provider focuses on serving the finance needs of small- and medium-sized businesses. Born out of the financial crisis, the company offers a personalized service focused more on the overall health of a business than on a business owner’s credit score.
“We are extremely pleased to have provided this scalable financing line of credit for an expanding alternative loan provider for smaller businesses,” said Jeffrey Sweeney, chairman and CEO at US Capital Partners. “The firm had been seeking a partner for some time, to help finance its own transactions and to expand its portfolio. US Capital Partners proposed various helpful finance strategies and then successfully provided the scalable credit facility this originator required to build its business further.”
US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities and has wide distribution for debt and equity private placements for small- and medium-sized businesses.