Kapitus, a NYC-based provider of financing for small and medium sized businesses, closed a $45M investment-grade corporate note financing.
The closing of this most recent financing increases the company’s total debt facilities to $585M.
Proceeds from the transaction will be used to further expand the company’s portfolio of financing products and making further technology investments in its funding platform.
Led by Andrew Reiser, Chief Executive Officer, and Anthony Rose, Chief Financial Officer, Kapitus is a small business financing company. As both a direct lender and a marketplace with a network of financing partners offering a variety of products, Kapitus has provided over $6 billion in growth capital to almost 55,000 small businesses. The company, either directly or through partners, offers products tailored to the need of every small business including term loans, sales-based financing, SBA loans, equipment leases, and revolving lines of credit.
FinSMEs
18/06/2024