To be successful in the revenue-based financing industry, independent sales organizations (ISOs) must cultivate relationships built on trust, open communication and reliability. Bill Gallagher of CFG Merchant Solutions provides an even more in-depth guide for ISOs looking to grow and succeed.
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.
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.
i2B Capital increased CFG Merchant Solutions’ asset-based revolving line of credit from $8 million to $15 million, with an additional automatic increase to $20 million.
i2B Capital, a provider of senior secured loans to niche-market financial entrepreneurs, increased its original $4 million asset-based revolving line of credit with CFG Merchant Solutions to $ 8 million on its first anniversary.
i2B Capital closed a $4 million asset-based revolving line of credit, featuring an accordion to $6 million, with CFG Merchant Solutions.