EB5 Capital, a regional center operator in the EB-5 industry, secured a $100 million credit facility with EagleBank, a community bank in the Washington, DC area. This new credit facility, which doubles the firm’s previous $50 million credit line with EagleBank, will significantly enhance EB5 Capital’s ability to remove syndication risk for its sponsors and provide the necessary capital to support future growth.
“This credit facility marks a monumental step forward for EB5 Capital,” Daniel Shiff, chief investment officer and managing partner at EB5 Capital, said. “It represents our vision of building a company that not only provides valuable investment opportunities but also structures deals in ways that benefit our investors and partners.”
The expanded credit facility strengthens EB5 Capital’s ability to support its sponsors, ensuring access to the necessary funds to close deals and continue the momentum of its portfolio, which now includes over 40 U.S.-based commercial real estate projects. This increased capacity will provide EB5 Capital with greater flexibility in deal structuring.
“When we started with just a handful of people over 15 years ago, we could not have imagined the journey we would be on,” Joseph Tilley, chief financial officer at EB5 Capital, said. “To now qualify for a $100 million credit line from a leading bank like EagleBank is truly remarkable. It speaks volumes about the strength of our team and our continued growth as a company.”
“EagleBank is proud to support our partners at EB5 Capital in their mission to drive job creation,” Evelyn Lee, executive vice president, chief lending officer C&I at EagleBank, said. “We look forward to continuing to build our organization into the best community bank for commercial businesses.”
