Funding Metrics Secures $100M Credit Facility
Bensalem,PA-based Funding Metrics, secured a $100M credit facility, according to a press release issued today, with multi-billion dollar institutional credit fund. Brean Capital served as exclusive financial advisor to the Company on the transaction.
Funding Metrics co-founder and Chairman David Frascella said “Funding Metrics has tripled its origination volume since 2017, totaling over $500 million since company inception. I am very proud of the robust funding platform our team has created, the strong relationships we have developed with our independent sales organization partners, and especially the trust placed in us by our merchants. Funding Metrics has created a best of breed technology based platform allowing most funding offers to be sent in under three hours.”
The company is a Platinum Sponsor of Broker Fair 2020.