Atlas44 Raises $10M in Equity Funding

creditsuppliersAtlas44, a Scottsdale, AZ-based alternative lender serving the United States’ construction industry by providing revolving lines of trade credit to contractors, raised $10m in equity funding.

RJT Credit made the investment.

The company intends to use the funds to increase current trade finance offerings, hire new people, increase marketing efforts and support ongoing growth and nationwide expansion.

Led by CEO and founder James Nielsen, and Juan Lorenzana, Chief Operations Officer, Atlas44 is the parent company of CreditSuppliers, a provider of a proprietary SaaS solution that supplies contractors with financing for project materials, and pays suppliers in 10 days or less.



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