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Crown Partners Arranges $16MM Financing for Arsenal Funding

January 31, 2023, 08:00 AM
Filed Under: Lender Finance

Crown Partners announced that Arsenal Funding, a merchant cash advance funder headquartered in West Palm Beach, FL, has closed on $16 million of bank financing to continue growing its funding portfolio.  

Since 2021, Crown Partners has served as exclusive financial advisor to Arsenal.  During this time, Crown has facilitated Arsenal’s capital objectives, including arranging financing from two commercial banks, and establishing a strategic forward flow funding relationship with a private credit fund.  

This transaction represents Crown’s fourth lender finance transaction since its launch in 2021, and builds on its principals’ track record serving entrepreneurial finance companies ranging from asset based lenders, factoring companies, equipment finance companies, and other niche specialty lenders. Crown differentiates itself within lender finance by pairing its capital raising function with a robust financial analytics team that works closely with clients to produce superior financial and asset performance data. With enhanced reporting, Crown’s clients are ultimately able to access a broader array of institutional capital providers.

Headquartered in West Palm Beach, FL, Arsenal has provided merchant funding to thousands of small businesses and corporate organizations since 2014. This latest transaction provides Arsenal Funding with additional capacity to expand, as well as an industry leading cost-of-funds, allowing it to compete at scale.

“On behalf of my team at Arsenal Funding, we want to thank Crown Partners for overdelivering for us again with an exceptional outcome to our latest capital raising process. We are proud to welcome a new national banking partner, and to continue to increase our funding capabilities. Arsenal's goal remains the same as always: to utilize our industry leading underwriting, our highly experienced team and our unparalleled ISO relationships to continue to provide quick and efficient services to our merchants so that their small and midsize businesses can continue to grow and prosper,” said Marlen Kruzhkov, Managing Partner, Arsenal Funding.

Crown Partners combines expertise in debt capital transactions and deep relationships across the direct lending marketplace to deliver solutions to middle market companies. Crown’s principals have facilitated in excess of $5.5 billion of transactions across 450+ borrowers, representing over 75 years of aggregate track record.

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