CFG Merchant Solutions, a technology-enabled specialty finance and alternative funding provider, upsized its investment-grade corporate note to $30 million. The transaction was assigned a BBB rating.
CFG Merchant Solutions, a technology-enabled specialty finance and alternative funding provider, closed a $20 million investment-grade rated corporate note financing from a group of U.S.-based institutional investors. The transaction was assigned a BBB rating by a nationally recognized statistical ratings organization.
CapFlow Funding Group appointed Tom Harris to the role of senior vice president of business development. Based in Chicago, Harris will drive new business efforts in both the Midwest and nationwide.
CFG Merchant Solutions is building upon its partnership with Arena Investors, in conjunction with Ceteris Portfolio Services, an Arena servicing affiliate, in servicing and providing liquidity to Platinum Rapid Funding’s merchant portfolio.