Medalist Partners Closes New Facility for Breakout Capital

Breakout Capital completed a senior secured credit facility with Medalist Partners and will resume business as a fintech lender to small businesses.

Buzby Joins Breakout Capital as CFO

Breakout Capital Finance, a fintech lender focused on small business lending, hired Tim Buzby as its chief financial officer.

Medalist Provides New $15MM Facility to Breakout Capital

Breakout Capital, a technology-enabled small business lender, launched a new $15 million credit facility with a fund managed by Medalist Partners.

Breakout Capital Launches FactorAdvantage Hybrid Platform

Fintech lender Breakout Capital launched FactorAdvantage, a hybrid financing solution which enables factors and invoice financing lenders to expand their markets. Charleston Capital Management provided a $50 million credit facility to support the new platform.

Breakout Capital Expands Senior Leadership Team

Breakout Capital appointed Robert Fleischmann senior vice president, Strategic Partnerships and Tom McCammon senior vice president, Business Operations.

Breakout Capital Appoints Lanzo as EVP, General Counsel

Breakout Capital appointed Douglas J. Lanzo, formerly of Selzer Gurvitch Rabin Wertheimer & Polott, as its executive vice president and general counsel.

Drift Capital Provides Revolver for Breakout Capital

Breakout Capital, a technology-enabled small business lender, obtained a new revolving credit facility from Drift Capital Partners, an alternative asset management company based in Charleston, SC.

Breakout Capital Appoints Olympia New CFO

Breakout Capital appointed Darwin W. Olympia as its chief financial officer.