Spartan Capital Secures $160 Million Senior Credit Facility to Expand Small Business Funding Nationwide

Spartan Capital announced a new financing facility arranged with a specialty finance lender to expand capacity for fast, flexible capital to small and medium-sized businesses nationwide. The update is incremental in nature, primarily indicating greater lending capacity rather than a quantified financial impact.

Analysis

Spartan Capital announced a new financing facility arranged with a specialty finance lender to expand capacity for fast, flexible capital to small and medium-sized businesses nationwide. The update is incremental in nature, primarily indicating greater lending capacity rather than a quantified financial impact.