Kapitus expands its debt facilities to $540 million

Kapitus

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Kapitus, a leading provider of SME financing, announced today the completion of a $100 million asset-backed securitization  and a $30 million investment-grade corporate note financing. Kapitus’ total debt facilities now stand at $540 million. Kroll Bond Rating Agency was the ABS facility’s rating firm, and Egan-Jones was the corporate note transaction’s rating firm.

The financing will be used to increase the company’s funding capacity for small businesses, allowing them to obtain much-needed working capital in this volatile economic environment.

Kapitus is dedicated to assisting the small business community by providing quick and efficient funding alternatives. We offer a variety of financing products to meet the unique needs of each individual company.

Kapitus has provided $5 billion in growth capital to over 50,000 small businesses since its inception in 2006. Kapitus increased its funding capacity by nearly $140 million in 2022, and the company expects to outpace that growth this year.

We are grateful for the ongoing support we receive from a diverse group of leading credit investors, said Ben Johnston, Kapitus’ Chief Operating Officer. In an era of credit tightening, increased regulatory scrutiny, and rising capital costs across the banking sector, we see a significant opportunity to assist our small business customers in obtaining the financing they require.

Kapitus, which was founded in 2006, is one of the most experienced and trusted names in small business financing. Kapitus has provided over $5 billion in growth capital to over 50,000 small businesses as both a direct capital provider and through its extensive network of financing providers offering a variety of products. Kapitus provides products tailored to the needs of every small business, either directly or through trusted partners, such as term loans, sales-based financing, SBA loans, equipment leases, and revolving lines of credit.

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