Refinancing for a Bridge Lender to Unlock Growth

How strategic capital lowered cost of funds and expanded capacity.

The Challenge

A growing commercial lender focused on the working capital / bridge loan space with a strong vision for expansion found itself constrained by its existing capital structure. While their portfolio was healthy and demand for their lending services was on the rise, they lacked the funding flexibility to scale operations and take on new, larger opportunities. This left them at risk of either turning away new clients or being forced to take on capital partners who didn’t align with their long-term strategy.

The Solution

Haversine Funding stepped in as a trusted capital partner, bringing a customized structure designed to evolve with the lender’s growth. The partnership provided a senior lender finance line of up to $15,000,000, paired with participation options, ensuring the lender had both the capital and the flexibility needed to move quickly on new deals. This approach allowed the lender to:

• Reduce concentration risk by spreading exposure across a larger capital base.
• Expand lending capacity without sacrificing control of client relationships.
• Access capital without the friction or delays common with traditional bank financing.

The Results

With Haversine’s support, the specialty finance company immediately gained the ability to scale faster and serve more clients. The impact was immediate and measurable:

• The lender now has room to grow, with a stable capital base that supports both day-to-day funding and strategic expansion.
• Lower cost of funds improved profitability and positioned the company to compete more effectively for new business.
• Leadership gained a long-term, aligned partner in Haversine, with a shared focus on growth and portfolio strength.

Why It Matters

For specialty lenders, access to the right type of capital can be the difference between maintaining the status quo and scaling into new markets. And, it helps when the capital partner knows the space, understands your needs and challenges, and can truly bring experience and expertise to the partnership – as well as capital. By bringing both deep industry expertise and funding solutions, Haversine helps lenders grow with confidence, knowing they have a partner who understands their business and moves at their speed.