Bryant Park Capital & Multi Funding, Inc Secure a $30 Million Senior Debt Facility
NEW YORK, July 27, 2020 (Newswire.com) - Bryant Park Capital (“BPC”), a leading middle-market investment bank, announced today that Multi Funding, Inc (“Multi Funding” or the “Company”) recently closed on a $30 million senior debt transaction with a leading international bank. This capital injection will allow the company to accelerate top line revenue, expand its physical footprint, and operate as a significant player in the pre-settlement space.
BPC served as the exclusive financial advisor to Multi Funding in connection with this transaction.
“Bryant Park Capital is a true partner and worked alongside our leadership team every step of the way. Their in-depth industry knowledge, funding source relationships and sound business acumen are key ingredients to a successful capital raise. We enjoyed working with people of quality and anticipate a long and prosperous future together,” said Kevin Flood, COO of Multi Funding.
About Multi Funding
Multi Funding, established in 2008, is a successful pre-settlement litigation finance company with offices in Woodstock and Lynbrook, New York. They provide pre and post-settlement funds as a non-recourse advance to clients. The Company is affiliated with sister-company Segue Cloud Services, which offers best-in-class proprietary litigation finance software that is tailor-made to manage a pre-settlement business from intake to resolution. Multi Funding has established consistent growth and robust performance and is well-positioned for scale, driven by improved data management/analytics, an experienced leadership team with over 20 years of blue-chip corporate experience, and continued access to efficient senior and junior capital.
For more information about Multi Funding, please visit www.multifundingusa.com.
For more information about Segue Cloud Services, please visit www.seguecloudservices.com.
Contact: Kevin Flood, COO
About Bryant Park Capital
Source: Bryant Park Capital