Tagged: varadero capital

October 29, 2019 @ 11:50 am By JD Alois  |  

Aura, a lender seeking to provide access to credit to “working families in America” has received $130 million asset-backed revolving credit facility with Varadero Capital. This brings total lending capacity to $259 million. Aura reports that the new capital comes at a time of high… Read More

September 5, 2018 @ 3:54 pm By Samantha Hurst  |  

CAN Capital, an online lender in the SME lending space, announced on Wednesday it has agreed to a financing transaction of up to $287 million to enhance its capital capacity with Varadero Capital, L.P., a New York-based alternative asset manager. This news comes just a couple… Read More

July 6, 2017 @ 9:20 am By JD Alois  |  

CAN Capital, an online lender in the SME lending space, is back in business following a recapitalization by Varadero Capital, an alternative asset manager in New York City and currently manages about $1.3 billion. DLA Piper served as legal counsel for the financing and Jefferies acted… Read More