Cambridge Wilkinson ("CW") closed a $215 million senior lender finance credit facility to a lender who specializes in providing secured HELOC mortgages to residential real estate customers. The company's origination platform is outgrowing its existing institutional credit lines, and therefore needed to complement them with a flexible solution that is allowing them to fund a significant pipeline of loans. The company had specific nuances to their business, that CW lenders were able to accommodate in order to help the company scale efficiently.
"We continue to see significant demand from our credit providers for institutional specialty finance companies with track records, who are scaling quickly using proprietary origination platforms. We couldn't be happier for this client as they continue to grow and use our services to fund their future loan growth. It is a sensational growth story," said Rob Bolandian, Co-Founder and Global Head of Investment Banking at Cambridge Wilkinson.