Haversine Funding Provides $52.6MM in Recent Financings

Haversine Funding closed the following transactions:

• $6 million real estate loan participation to refinance the acquisition of an assisted living facility in the Northeast U.S.

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• $20 million senior, lender finance line of credit to a factor and asset-based lender in the Southwest including a supplemental “gap” funding line with advances up to 95% of eligible accounts and loans.

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• $3 million factoring participation to a seafood distributor on the West Coast.

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• $1.6 million factoring participation to a healthcare services company in the Northeast.

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• $14 million senior, lender finance line of credit to an equipment finance company in the Southeast.

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• $6 million, lead line referral for a factoring facility to a staffing company in the Northeast.

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• $1 million, lead line referral for a senior, lender finance line of credit with a Haversine partner.

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• $1 million, lead line referral for a factoring facility to a technology company located in the Southwest.

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