Rise Line Business Credit, LLC recently closed a three-year $3.5 million senior secured credit facility consisting of a revolving line of credit and term loan to NPN Holdings, LLC dba Natcom Global (Natcom) to refinance their existing senior debt and provide additional working capital.
Natcom, founded in 2012, is a producer and distributor of short-form digital video content with global distribution across multiple platforms. Based in Miami, Natcom recently acquired a Latin American advertising brokerage to further expand their global footprint.
“The Rise Line team was very efficient in providing a flexible financing solution to support our business and continued growth,” said Bob Rodriguez, CEO. “Rise Line took the time to understand our business and the complex digital content marketplace and we are thrilled to have them as a financing partner,” said Bob Rodriguez, CEO.
“Natcom is an innovator in the digital production space that provides compelling video, news, and advertising content targeted to today’s digital consumers. We are excited to lend to a rapidly emerging industry and support the continuing growth of Natcom’s business lines,” said Daniel O’Rourke, President and Chief Credit Officer at Rise Line.
“We worked closely with Bob Rodriguez and his team to directly address the company’s capital needs to support their long-term initiatives,” added Gaurang Vyas, Founder and Managing Principal at Rise Line.