QueensGiant, a New York-based boutique investment bank focused on lender finance and the fintech industry, arranged a $55 million senior credit facility for a purchase finance company to refinance existing debt and increase capacity to finance consumer purchases at the point-of-sale.
“We are thrilled to take part in this growing opportunity to finance consumer purchases through the merchant at the point-of-sale. We see a tremendous amount of demand right now from capital providers to finance strong management teams. That is particularly true for some elements of the consumer space,” Phil Toth, managing director at QueensGiant, said.
