FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Bank Syndicate Increases Kuber Mortgage’s Revolving Credit Facility to $160MM

January 02, 2025, 08:00 AM
Filed Under: Lender Finance
Related: Canada, Mortgage

Kuber Mortgage Investment Corporation increased to its revolving credit facility from $100 million to $160 million with continued support by two of Canada's largest banks and the addition of one of the largest US banks as a syndicate partner, effective December 23, 2024.

We are excited to add another strong syndicate partner to our family. With the addition of one of the largest US banks as a syndicate partner and with this fourth consecutive increase to Kuber's credit facility, we are poised to continue our trajectory of further strengthening our position in the market as a leading alternative lender. "This unequivocally fortifies our liquidity position and accelerates our future growth strategy," said Mr. Sutha Kunam, President & CEO of Kuber Mortgage Investment Corporation.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.