Q4 2020 - $17MM+ for an Accounts Payable Payment Lender

Q4 2020 - $17MM for an Accounts Payable Payment Lender

Arranged $17MM in equity and debt financing for a leader in Accounts Payable (AP) Payments. The client is a developer of a smart b2b payment network designed to simplify accounts payable payments, generating revenue and cost savings while offering complete transparency and control of the payment process. The company's platform eliminates paper-based cheque, enabling businesses to transfer payments directly to suppliers' and sellers' bank accounts. The investor we brought into fund the transaction is a private institutional investment management firm specializing in asset-based private credit and structured credit.