Yieldstreet Private Business Credit (“PBC”), a provider of single and multi-tranche direct term loans to growing businesses and participations with specialty finance companies, banks, credit funds and private equity-backed companies has closed a total of $42 million after recently announcing the launch of the new PBC vertical on June 23, 2020.
Yieldstreet PBC believes this is the first of many opportunities to work directly with multiple originators, credit funds, and specialty finance companies to provide additional growth capital.