Nada, a Dallas, CA-based fintech company offering homeowners debt-free access to home equity, received an up to $25M revolving credit facility from Kawa Capital Management.
Kawa’s $25M facility, with a $10M initial commitment will provide Nada with the financial flexibility needed to meet demands of its HEA origination pipeline. The capital will allow the company to deploy HEA contracts at scale.
Led by Founder and COO John Green, Nada is a fintech platform that offers innovative home equity investment solutions, allowing homeowners to access their home equity without taking on debt. Through its Cityfunds program, it provides individual investors with access to diversified real estate markets through fractional investments in home equity, supported by institutional-grade financial structures.
FinSMEs
20/10/2024