Viva Capital Funding, an invoice factoring specialty finance company, successfully upsized its investment-grade corporate notes to $30.5 million. Since 2018, Viva has provided over $2 billion in capital to growing companies across various industries throughout the U.S. The Company will use the proceeds to support the additional growth of its business.
“We are pleased to have completed this note financing with a committed group of investors,” said Viva’s president, Greg DiDonna. “Their participation demonstrates belief in our business strategy and growth prospects, providing us with the resources needed to capitalize on the market opportunities ahead of us.”
Michael Marshall, director of Finance at Viva, added, “This funding represents a significant step forward in executing our long-term objectives. The capital will strengthen our balance sheet and provide the financial flexibility to make critical investments in our technology infrastructure and new lines of business.”
Brean Capital served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction.
