Channel Partners Capital Receives Majority Equity Investment; Secures New Long-Term Credit Facility

Channel Partners Capital, a Minnetonka, Minn.-based provider of small business loans, closed an equity investment from funds advised by Elliott Management Corporation.

Elliott’s equity investment will provide Channel with new growth capital to support further expansion of its portfolio lending capabilities and facilitated a recapitalization with a new expandable asset-backed credit facility led by CIBC Bank USA.

Led by Brad Peterson, CEO, Channel Partners Capital provides small business loans utilizing customized technology and business processes and through partnerships with equipment finance companies.
Since its founding in 2009, the company has originated over 7,000 loans generating loan receivables of over $350 million.



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