FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Bryant Park Capital Secures $50MM Senior Debt Facility for High Rise Financial

Date: Sep 23, 2021 @ 07:45 AM
Filed Under: Lender Finance

Bryant Park Capital announced that High Rise Financial, founded by Mark Berookim and Michael Berookim, recently closed on a $50 million senior secured debt transaction with one of the larger independent banks in the nation.

BPC served as the exclusive financial advisor to High Rise Financial in connection with this transaction.

"Bryant Park Capital was a valuable partner to our team and worked alongside us every step of the way. Their wealth of industry knowledge and specialty finance expertise, funding source relationships, and sound business judgment proved crucial in allowing us to execute a successful transaction. BPC's support ensured a smooth and efficient process from start to finish. We definitely made the right choice in working with them," said Michael Berookim, Managing Member, High Rise Financial.

High Rise Financial is a leading originator of receivables in the litigation finance industry for personal injury cases, specializing in plaintiff pre-settlement funding, providing a network of lien-based medical providers to law firms, and medical factoring. The company was founded by Mark Berookim and Michael Berookim in 2016 and is based in Los Angeles, California.



--------------------------------------

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.