Renzo Capital Provides $80MM Credit Facility to HG Capital
July 10, 2023
Source: Renzo Capital
Renzo Capital announced they have agreed to provide $80 million in financing via a senior secured credit facility to HG Capital. The facility is expected to be used to refinance the debt held by the company’s current lender as well as for general corporate purposes.
Ferrarini Douglas, senior vice president Renzo Capital said, “Our team takes pride in providing our customers with the best financing solutions possible. We are pleased that we were able to execute a customized transaction for HG Capital and look forward to our new relationship with them.”
Founded in 2020, Renzo Capital Corp is a direct lender and capital provider to growing businesses throughout the United States. Renzo Capital Corp is one of the largest independent commercial real estate finance companies in the United States and has a loan servicing portfolio in excess of $900 million as of July, 2023. Renzo Capital Corp provides solutions for clients, prospective clients and referral sources who have capital requirements that range between $5 million and $100 million. Our range of services includes commercial lending across a variety of loan types such as Real Estate finance, Balance-Sheet Bridge, Construction Loans as well as Mezzanine Financing. Renzo Capital Corp has been an active lender and equity provider on properties, as well as other asset classes throughout the country.

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