- MidCap Financial Closes $44mm Senior Secured Credit Facility to AleraCare
- Rosenthal Provides $1.2 Million ABL Facility to Specialty Foods Distributor, Partner Foods Group
- Essex Capital Arranges $3.0 Million Debt Facility
- Fifth Third Business Capital Provides a New $15 Million Senior Credit Facility to Support the Refinancing of Puraglobe Syntainics, LLC
- First Citizens Bank Provides $100 Million Upsize to WhiteHawk Capital Partner Funds
Haversine Funding Closes $45 Million in Recent Transactions – Spanning Senior Credit Lines and Participation Funding Across Specialty Finance
June 18, 2025
Source: Haversine Funding
Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more. These deals reinforce Haversine’s ongoing commitment to helping lenders grow, manage concentrations, and access flexible capital tailored to their needs.
Some select recent closings include:
- $20,000,000 senior secured, revolving lender finance facility to a national equipment finance company focused on trucks, trailers, and transportation equipment.
- $20,000,000 participation in a factoring facility to a disaster response and recovery servicer, enabling the company to scale operations following major weather events.
- $2,400,000 ABL loan participation to a physician services platform, helping finance its multi-state expansion and service line growth.
- $1,300,000 bridge loan participation supporting a last-mile logistics provider with warehouse and storage operations.
- $425,000 participation in a factoring deal to a steel pipe and tubing distributor serving industrial and construction markets.
These transactions showcase the versatility of Haversine’s funding solutions and the diversity of industries served by its lending partners.
About Haversine Funding
Haversine Management and its subsidiaries, headquartered in Dallas, Texas, exist to provide fast, fair, and flexible funding solutions to commercial lenders. Formed in 2018, Haversine helps factors, asset-based lenders, and other commercial specialty finance groups fill funding gaps by providing senior and junior lender finance lines of credit up to $25 million, as well as participation program options and growth capital. To learn more about Haversine Funding, visit www.haversinefunding.com or tune in to the company’s podcast, In Focus with Haversine, available on YouTube, Spotify, Apple, Google Podcasts, and LinkedIn.
