Recent Fundings and Participations

Haversine Funding contributed $7 million to a $25 million Asset-Based Lending (ABL) facility, enabling a leading hurricane relief services company to scale operations and meet the demands of a significant state contract.

An established equipment leasing company based in California was poised for expansion but found itself hindered by its existing banking relationship. Despite the support from their bank lender, strict concentration limits and a conservative lending structure capped the company’s growth potential.

Haversine's recent partnership has significantly accelerated the success of a new factoring startup. By offering crucial funding and strategic support, Haversine has helped transform the startup's vision into a thriving reality.

Uncover the strategic alliance between Haversine and an ABL lender unlocking a $2,000,000 analytics staffing venture. Explore how collaboration overcame financial hurdles and portfolio constraints, paving the way for future growth in the private credit market.

Discover how Haversine Funding's strategic partnership and deep understanding of construction finance empowered a factoring company to secure a lucrative $5,000,000 deal. Learn key insights on balancing risk and seizing growth opportunities in this blog post.

Discover the strategic approach and impact of Haversine’s collaboration to boost funding in the healthcare sector. Learn how a tailored $10 million financial framework overcomes industry intricacies, cultivates growth, and strengthens client relationships.

When timing was not on their side, Haversine stepped in for this factoring company needing support to continue to grow and help more businesses with their working capital needs.

Then this ABL firm needed support for their rapid growth, Haversine Funding bridged the gap, partnering with a $25 million co-fund.

Haversine Funding helped this transportation factor, providing $2,500,000 in junior capital so they could increase their senior line of credit and grow their factoring platform even more.

Haversine Funding provided a $4,750,000 senior line of credit, including a supplemental loan, giving this factoring and ABL company the boost needed to expand and grow.

Haversine Funding was able to underwrite, approve and fund a $2,000,000 revolving loan subordinated to the factoring company’s bank lender.