Channel Partners Receives $50M Credit Facility from Monroe Capital

ChannelPartnersCapital_logoChannel Partners, LLC, Maple Grove, Minnesota-based provider of small business working capital loans, entered into a strategic joint venture relationship with and received a $50m senior credit facility from Monroe Capital LLC.

The company will use the proceeds to support the growth of its business.

Founded in 2009 and led by Brad Peterson, CEO, Channel Partners delivers loans exclusively through partnerships with equipment leasing and finance companies. To date, the company has originated over 3,000 loans generating loan receivables of over $150 million through these partnerships.



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