Burnley Capital closed a $5.5 million asset based revolving credit facility to Mashburn to support the company’s growth and operations.
Burnley Capital, a new ABL lender, is a partnership between a lender in Boston and a management consultant in Minneapolis, but thanks to the wonders of modern technology, the pair are able to work together without relocating. They offer borrowers more than a checkbook; the company sees the value-added assistance it provides as a way to help borrowers succeed.
Burnley Capital closed a $3 million asset based revolving credit facility to support Goedekers’ acquisition by 1847 Holdings and to provide growth capital to the company.
Finance industry veterans Daniel O’Rourke and James Cullen have partnered with Blackburn Investment Management to launch Burnley Capital.