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Tiger Finance Posts Strong Lending Growth in the Third Quarter

Date: Oct 03, 2024 @ 08:12 AM
Filed Under: Industry News

Tiger Finance’s lending platform committed $125 million of capital in the third quarter to support clients’ strategic growth initiatives across various business sectors.
 
Significant deals in Q3, which ended September 30, included providing capital to a growing Amazon aggregator, supporting the strategic recapitalization of a large department store chain, and providing acquisition financing to three apparel retailers in categories such as women’s specialty offerings and luxury fashions.
 
Tiger Finance continues to find attractive capital opportunities and asset growth across all industries for Tiger’s debt platform, noted Bob DeAngelis, Executive Managing Director/Group Head, Tiger Finance.
 
“By leveraging our organization’s unique understanding of asset values, Tiger Finance has deployed in excess of $200 million of new capital commitments in 2024 in support of our rapidly growing client base,” DeAngelis said. “At Tiger, we value our relationships with large money center banks, independent private finance companies and financial intermediaries to solve the lending and capital needs of our diversified array of borrowers.”

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