Horsepower Financial extended its credit facility with a fund managed by Pier Asset Management. The extension builds upon the original facility established in 2024.
The extended credit facility will provide Horsepower Financial with continued access to flexible capital solutions, enabling the company to sustain its momentum and pursue new opportunities in the financial services sector.
“This extension reflects the strength and mutual trust that has developed between our organizations since the initial facility was completed in 2024,” Laura Middendorf, chief financial officer for Horsepower Financial, said. “Pier’s ability to balance flexibility with exacting standards has been instrumental in supporting our expansion, and we look forward to continuing this productive partnership.”
