Merchant cash advance

KBRA Assigns Preliminary Ratings to KCG Securitization 2024-1, LLC

Retrieved on: 
Friday, March 15, 2024

KBRA assigns preliminary ratings to two classes of notes (the “Notes”) issued by KCG Securitization 2024-1, LLC (“KCG 2024-1”).

Key Points: 
  • KBRA assigns preliminary ratings to two classes of notes (the “Notes”) issued by KCG Securitization 2024-1, LLC (“KCG 2024-1”).
  • Kalamata.com, LLC (“Kalamata”), through its subsidiaries, Kalamata Capital Group, LLC (“KCG”, the “Company” or “Servicer") and Black Olive Capital LLC (BOC), provides financing to small and medium-sized business through merchant cash advances and small business loans.
  • KCG 2024-1 is the inaugural securitization for the Company.
  • KCG Securitization 2024-1, LLC (the “Issuer”) will issue two classes of Series 2024-1 Notes, Class A and Class B Notes (collectively, the “Notes” or “KCG 2024-1”) totaling $80 million.

KBRA Assigns Preliminary Ratings to Credibly Asset Securitization II LLC, Series 2024-1

Retrieved on: 
Thursday, February 29, 2024

KBRA assigns preliminary ratings to four classes of notes (the “Notes”) issued by Credibly Asset Securitization II LLC, Series 2024-1 (“CRDBL 2024-1”).

Key Points: 
  • KBRA assigns preliminary ratings to four classes of notes (the “Notes”) issued by Credibly Asset Securitization II LLC, Series 2024-1 (“CRDBL 2024-1”).
  • According to the Company, Credibly has provided businesses with access to approximately $2.25 billion across over 46,000 fundings.
  • CRDBL 2024-1 represents the Company’s third offering of asset-backed securities sponsored by Credibly and the third transaction rated by KBRA.
  • Credibly Asset Securitization II LLC (the “Issuer”) will issue four classes of Series 2024-1 Notes totaling $73.95 million.

Germany Alternative Lending Market Databook - A $8.51 Billion Market by 2027, 75+ KPIs By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 18, 2024

The "Germany Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Germany Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
  • This report helps in navigating the nuanced relationships between payment instruments and lending models, offering a detailed breakdown of transaction dynamics.
  • This report provides a thorough knowledge of alternative lending market dynamics, market size and forecast with more than 75+ KPIs.
  • Growth Projections: The report contains future growth projections for the Germany alternative lending market, classified by end-user, financial model, and payment instrument.

NewCo Capital Group & Capytal.com, Preferred Providers of Working Capital in the Alternative Financing Space Serve as Sponsors for the Revenue Based Finance Coalition's 1st Annual Golf Tournament in Miami Beach

Retrieved on: 
Wednesday, January 10, 2024

As dependable allies for the acquisition of vital working capital, NewCo and Capytal.com have established themselves as the cornerstone for the financial growth and stability of small businesses.

Key Points: 
  • As dependable allies for the acquisition of vital working capital, NewCo and Capytal.com have established themselves as the cornerstone for the financial growth and stability of small businesses.
  • Their unwavering support provides not just immediate financial solutions, but also a pathway toward traditional financing, enabling these businesses to realize their full potential.
  • The Revenue-Based Finance Coalition (RBFC) is a growing group of responsible finance companies who provide needed capital to small- and medium-sized businesses (SMBs).
  • Regarding the event, Albert Gahfi , CEO of NewCo Capital Group said: "We're grateful for the opportunity to support this cause.

Closing out 2023, NewCo Capital Group continues to lead the way

Retrieved on: 
Friday, December 29, 2023

NEW YORK, Dec. 29, 2023 /PRNewswire/ -- As we ring in 2024, NewCo Capital Group ("NewCo"), a premier Working Capital provider in the Alternative Financing space, celebrates a year marked by exponential growth and robust success.

Key Points: 
  • NEW YORK, Dec. 29, 2023 /PRNewswire/ -- As we ring in 2024, NewCo Capital Group ("NewCo"), a premier Working Capital provider in the Alternative Financing space, celebrates a year marked by exponential growth and robust success.
  • NewCo is devoted to bridging gaps with sustainable funding while ensuring SMBs grow, scale, and create jobs.
  • NewCo, along with its subsidiary, Capytal.com , has deployed record-breaking capital to small businesses (SMBs) and enterprise companies in 2023 and continues to maintain its position as the foremost trusted brand in Merchant Cash Advance.
  • This past year, we've set new benchmarks in providing capital to a diverse range of businesses while bolstering the broader economy.

1st Commercial Credit Hits $20 Million Milestone in Purchase Order Financing Transactions

Retrieved on: 
Wednesday, December 20, 2023

AUSTIN, Texas, Dec. 20, 2023 /PRNewswire/ -- 1st Commercial Credit, LLC is proud to announce the achievement of a significant milestone, surpassing $20 million in Purchase Order Funding transactions.

Key Points: 
  • AUSTIN, Texas, Dec. 20, 2023 /PRNewswire/ -- 1st Commercial Credit, LLC is proud to announce the achievement of a significant milestone, surpassing $20 million in Purchase Order Funding transactions.
  • 1st Commercial Credit offers additional financial services, such as Trade Payable and Inventory Financing, which is typically available to financially robust, credit-insurable large companies.
  • For staffing and service-related companies facing cash flow gaps due to monthly invoicing requirements, 1st Commercial Credit provides Payroll Funding or Work in Process Financing.
  • For more information on Purchase Order Financing, please visit 1st Commercial Credit's Purchase Order Finance Program .

France Alternative Lending Market Business Opportunities Databook 2023 - Medium to Long-Term Growth Remains Strong with CAGR of 9.7% During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 27, 2023

The alternative lending market in France is forecast to grow by 17.4% on an annual basis to reach US$ 5.67 billion in 2023.

Key Points: 
  • The alternative lending market in France is forecast to grow by 17.4% on an annual basis to reach US$ 5.67 billion in 2023.
  • Medium to long term growth story of alternative lending in France remains strong.
  • The alternative lending market in France will increase from US$ 4.82 billion in 2022 to reach US$ 8.19 billion by 2027.
  • Growth Projections: The report contains future growth projections for the France alternative lending market, classified by end-user, financial model, and payment instrument.

Brazil Alternative Lending Business and Investment Opportunities Report 2023: Market is Expected to Grow by 43.9% to Reach $19.943 Billion this Year - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 16, 2023

Alternative lending market in Brazil is expected to grow by 43.9% on annual basis to reach US$19,943.0 million in 2023.

Key Points: 
  • Alternative lending market in Brazil is expected to grow by 43.9% on annual basis to reach US$19,943.0 million in 2023.
  • Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 33.9% during 2023-2027.
  • The alternative lending market in the country will increase from US$13,861.1 million in 2022 to reach US$64,061.0 million by 2027.
  • This report provides a detailed data-centric analysis of the alternative lending market covers in-depth market potential and various.

Chile Alternative Lending Market Business and Investment Opportunities Report 2023: Market is Expected to Grow by 45.2% to Reach $3.018 Billion in 2023 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 15, 2023

Alternative lending market in Chile is expected to grow by 45.2% on annual basis to reach US$3,018.8 million in 2023.

Key Points: 
  • Alternative lending market in Chile is expected to grow by 45.2% on annual basis to reach US$3,018.8 million in 2023.
  • Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 34.4% during 2023-2027.
  • The alternative lending market in the country will increase from US$2,078.9 million in 2022 to reach US$9,852.0 million by 2027.
  • This report provides a detailed data-centric analysis of the alternative lending market covers in-depth market potential and various.

Canada Alternative Lending Business Report 2023: Market is Expected to Grow by 40.1% to Reach $2,074.9 Million in 2023 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 15, 2023

Alternative lending market in Canada is expected to grow by 40.1% on annual basis to reach US$2,074.9 million in 2023.

Key Points: 
  • Alternative lending market in Canada is expected to grow by 40.1% on annual basis to reach US$2,074.9 million in 2023.
  • Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 31.6% during 2023-2027.
  • The alternative lending market in the country will increase from US$1,480.8 million in 2022 to reach US$6,221.8 million by 2027.
  • This report provides a detailed data-centric analysis of the alternative lending market covers in-depth market potential and various.