Haversine Funding announced the following recently closed transactions:
- $6,000,000 real estate loan participation to refinance the acquisition of an assisted living facility in the Northeast.
- $20,000,000 senior, lender finance line of credit to a factor and asset based lender in the Southwest including a supplemental “gap” funding line with advances up to 95% of eligible accounts and loans.
- $3,000,000 factoring participation to a seafood distributor on the West Coast.
- $1,600,000 factoring participation to a healthcare services company in the Northeast.
- $14,000,000 senior, lender finance line of credit to an equipment finance company in the Southeast.
- $6,000,000, Lead Line referral for a factoring facility to a staffing company in the Northeast.
- $1,000,000, Lead Line referral for a senior, lender finance line of credit with a Haversine partner.
- $1,000,000, Lead Line referral for a factoring facility to a technology company located in the Southwest.
Haversine Funding provides fast, fair and flexible funding solutions to lenders. Formed in 2018, we help factors, asset-based lenders, inventory, equipment and real estate lenders fill funding gaps by providing senior and junior lender finance lines of credit as well as participation options. In 2022, the compamny also launched Haversine Lead Line, its lead generation platform for factors and lenders.