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...
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February 11, 2021, 07:00 AM
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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...
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March 13, 2020, 09:03 AM
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