May 14, 2024 -- Garrington Capital (garringtoncapital.com), a leading provider of capital solutions to middle-market companies in the United States and Canada, is pleased to announce the closing of a working capital revolver of up to $20 million to a California-based vehicle finance company. The proceeds of the facility will be used to refinance existing debt and to provide capital to grow the business.

Garrington’s lender finance facilities provide investors with a diversified portfolio of loans with conservative loan-to-value metrics. Our dedicated team is focused on the financial services industry, having originated, underwritten, and managed more than 50 loans to both commercial and consumer lenders, totaling over $1 Billion in transactions. Garrington focuses on mid-sized U.S. and Canadian finance companies with portfolios between $10 Million and $100 Million, needing access to more flexible working capital financing than banks will provide.

About Garrington Capital
Garrington Capital US Corp. and its affiliates (collectively, “Garrington”) provide creative investment funding solutions ranging from $1 million to $30 million to small- and medium-sized companies throughout the US and Canada. Garrington strives to support entrepreneurial businesses with practical and creative working capital solutions and aims to be the first call when opportunities arise. Our leadership and investment teams are comprised of experienced, well-seasoned and creative investment and finance professionals that share the belief that Garrington is well-positioned to respond to the working capital challenges facing small- and medium-sized enterprises. With headquarters in Toronto and Chicago, as well as offices in Texas and Connecticut, Garrington has approximately 65 employees and has deployed, as both a principal and credit advisor to certain funds, more than $5 billion since inception in 1999.

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