AloStar provided $10.7 million in capital to a new client through its lender finance unit, AloStar Lender Finance. AloStar continues to support this vertical, which has committed more than $500 million to its partners to date.
“AloStar Lender Finance is an integral part of the AloStar platform and will continue to expand,” said AloStar CEO and co-founder Andy McGhee. “We have assembled a high-quality team of professionals that bring decades of experience to our clients, prospects and referral sources.”
AloStar Bank of Commerce provides capital solutions through AloStar Business Credit, AloStar Lender Finance and AloStar Real Estate Finance.