NEW YORK, Mar 30, 2021. Finitive, a private credit platform providing institutional investors with direct access to private credit opportunities, today announced it has facilitated a warehouse credit line with funding capacity up to $30 million for a U.S.-based global supply chain finance company. The company, active in the agriculture and mining commodity sectors, secured the facility from an alternative asset management firm.
Finitive's platform, which has screened more than 1,000 private credit opportunities, enables investors to match with borrowers based on criteria such as asset class, loan size, capital structure, target yield range and geography. Because the borrowers on the platform are already under non-disclosure agreements, investor partners gain expedited and confidential access to highly relevant potential private credit opportunities.
"Borrowers seeking capital typically speak with dozens of potential investors before finding the right partner," said Jon Barlow, Finitive's founder and CEO. "Using the Finitive platform, this supply chain financing company was able to quickly identify investors with the highest probability of providing funding. The company thus saved months of searching for the right lender, allowing management to quickly return to growing and scaling its core business." Institutional investors seeking private credit opportunities and borrowers seeking capital can sign up for potential matching on Finitive's platform, www.finitive.com.
Finitive is a financial technology platform providing institutional investors with direct access to private credit transactions. Through Finitive, institutional investors access a multi-trillion-dollar market that encompasses a broad spectrum of non-bank lending sectors, including specialty finance, online lending, marketplace lending, and private credit funds. Finitive's originator partners gain efficient access to a global network of investors who are actively allocating to private credit opportunities. All regulated activities are conducted through North Capital Private Securities, a registered broker-dealer and member FINRA/SIPC. For additional information, please visit Finitive's website at www.finitive.com.