Funding To Expand Lending Activities

NEWPORT BEACH, CA  — Super G Funding, a national provider of residual and cash flow-based loans to small and midsize businesses, said it has held its first closing as part of a $100-million fund commitment from Inmost Discovery Capital, LLC. The committed capital enables Super G Funding to expand its residual-based loan strategy to related markets and expand its deal size to meet the needs of larger businesses. "The new capital will allow us to expand our lending activities and provide ISOs and ATM deployers with as much as $5 million in loans, with longer term structures,” said Super G Funding founder and CEO Darrin Ginsberg. 

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Copyright Year: 2019
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URL: http://www.cutoday.info/THE-market/Funding-To-Expand-Lending-Activities