Cross River Bank and Best Egg entered into a $150 million credit facility, which will allow the partners to provide financial control to even more consumers and landlords through the Best Egg flexible rent program.
Deserve, a venture-backed financial technology company expanding and powering the real-time credit card economy, secured a new $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management.
Cross River Bank’s strategic direct lending team provided a $50 million credit facility to Cherry Technologies, a company that enables medical practices to offer flexible payment plans to their patients.
Cross River, a technology-focused financial services organization and banking-as-a-service provider, delivered a $50 million debt facility to SeedFi as part of a new partnership between the two companies.
Cross River Bank has launched several key initiatives to expand its Capital Markets portfolio and professional team. It also provided a $70 million warehouse facility to Idea Financial.