Runway Growth Credit Fund logged $80.7 million in funded loans in Q2/21. Since inception in 2016, the firm has achieved $1.1 billion in total loan and investment originations and $903.5 million in funded investments.
KeyBank Specialty Finance Lending, MUFG, Bank of Hope and CIBC expanded Runway Growth Credit Fund’s revolving credit facility to $215 million with an accordion feature that enables Runway Growth to increase the commitments to up to $300 million.
Runway Growth Credit Fund reported total new loan commitments for Q2/20 equaled $60.4 million. The company funded four loans and other investments during Q2/20, including $30 million senior secured term loans to Intact Vascular and CloudPay.
Runway Growth Capital provided up to $20 million in senior secured debt financing to healthcare technology company Mobius Imaging.
Aspen Group, a post-secondary education company, closed a $10 million senior secured term loan with Runway Growth Credit Fund.