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
Read more in: Fintech | Tagged aura, lending, varadero capital
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
Read more in: Investment Platforms and Marketplaces | Tagged can capital, online lender, online lending, SME, varadero capital
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
Read more in: Investment Platforms and Marketplaces | Tagged can capital, dla piper, fernando guerrero, jefferies, online lending, parris sanz, varadero capital
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