Altriarch Asset Management Acquires $30 Million Accounts Receivable Factoring Portfolio

Charleston, S.C., May 19, 2026 – Altriarch Asset Management, LLC (“Altriarch”) is pleased to announce the acquisition of a $30 million accounts receivable factoring portfolio from a fintech-enabled specialty finance platform (the “Seller”).  The Seller made a strategic decision to exit trade finance and refocus resources on its core technology platform, creating an opportunity for Altriarch to acquire a select portion of its factoring book.

The acquired portfolio consists of more than 20 factoring accounts spanning a diverse range of industries, including manufacturing and industrial, international trade and commerce, business services, fashion and apparel, and food distribution.  The underlying debtors include investment-grade, Fortune 500 companies across the United States, providing Altriarch with attractive credit exposure and a high-quality counterparty base.

The portfolio historically has a less than 1.0% dilution rate across $300 million+ in cumulative purchases, demonstrating a strong and consistent performance track record.  With receivables turning on an average cycle of approximately 45 days, the portfolio offers high-yield, low-duration assets that support efficient capital recycling, consistent with Altriarch's disciplined approach to asset selection.

“This acquisition reflects our continued commitment to building a high-quality, diversified portfolio of short-duration credit assets with what we believe provide compelling risk-adjusted returns,” said Danielle Brown, General Partner & CEO at Altriarch.  “The strength of the underlying obligor base, combined with an exceptional performance history, made this an ideal fit for our long-term growth strategy.”

About Altriarch Asset Management, LLC

Altriarch is a private credit firm based in Charleston, South Carolina, specializing in asset-based credit solutions for fragmented markets underserved by traditional lenders. Managing nearly $450 million in assets, Altriarch delivers structured financing to alternative lenders and small businesses seeking flexible capital backed by tangible assets.  Each facility is meticulously designed to match the precise cash flow needs of borrowers, making Altriarch a trusted partner to fuel business expansion.  To learn more, visit altriarch.com.

Note: This announcement contains forward-looking statements subject to risks and uncertainties. Actual results may differ.