|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Arena Investors Provides New $50MM Credit Facility to Velocity Capital
Wednesday, February 16, 2022
|
Lenders/Participants
|
Arena Investors [Lender]
|
|
Structure
|
Multi-draw Term Funding Line of Credit
|
|
Amount
|
$50.000
Million
|
|
Borrower(s)
|
Velocity Capital Group
|
|
Description
|
The line of credit will provide VCG with a borrowing capacity of up to $50 million and a deep pool of capital from which to expand its business, further strengthening VCG's ability to provide funding for small business merchants.
|
|
Industry
|
Lender Finance
|
| Related Tags |
Arena Investors
|
ABL Advisor
Deal Tables
2025
|
|
|
|