Veritas Financial Partners closed a $25 million credit facility for BSD Capital, a Bloomfield Hills, MI-based investment manager.
The credit facility expands BSD Capital’s capacity to provide access to capital to a variety of small business customers.
Through partnerships with various originating platforms, BSD Capital has provided capital to more than 2,000 businesses across the United States. The company is one of the largest independent investment managers based in Michigan.
“Veritas is pleased to work with BSD Capital to assist them in achieving their goal of securing efficient portfolio leverage, allowing them to continue scaling their business at an attractive margin,” said Mark Seigel, president of Veritas. “We are excited about the opportunity to build a successful relationship with the BSD Capital team.”