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News Stories (2 Results) - Velocity Financial

Velocity Financial entered into a new $175 million, 5-year term loan with a syndicate of lenders including funds managed by Blackrock’s U.S. Private Capital group, Oaktree Capital Management, L.P., and UBS O’Connor. The new facility has an initial... Read Story
February 11, 2021, 07:00 AM

Velocity Financial and Barclays Bank PLC agreed to increase the capacity of its subsidiary Velocity Commercial Capital’s existing warehouse repurchase facility to $300 million in order to support the company’s loan origination growth.“We appreciate... Read Story
March 13, 2020, 09:03 AM