NEW YORK, NY. March 4th, 2023 – CFG Merchant Solutions, LLC (CFGMS), a technology-enabled provider of specialty finance and alternative funding solutions – has successfully secured $20 million in investment-grade rated corporate note financing from a group of top-tier institutional investors based in the United States. This transaction has received a BBB rating from a well-recognized statistical ratings organization.

Since its establishment in 2015, CFGMS has demonstrated a remarkable track record of asset performance and profitability. The company has extended funding exceeding $1 billion to over 25,000 small and medium-sized businesses (SMBs) operating across diverse industries throughout the United States. The proceeds from this issuance will be utilized to refinance a portion of existing debt and to support the continued growth of the business.

“Across the U.S. there are millions of healthy SMBs looking for financing to grow. This sector, however, is increasingly under-served by traditional financial institutions,” said Andrew Coon, Chief Executive Officer of CFGMS.  “This transaction will provide CFGMS with additional flexibility and enable the Company to continue to grow our business and deliver valuable capital to customers.”

Bill Gallagher, President of CFGMS, added, “Given the volatile capital markets, the successful closing of this transaction demonstrates that institutional investors have confidence in our platform and financial performance, and expect to see continued growth.  This credit investment significantly increases our funding capabilities and enhances our ability to take advantage of potential market opportunities.”

Brean Capital, LLC served as the Company’s exclusive financial advisor and sole placement agent in connection with the transaction.

 

About CFG Merchant Solutions

CFG Merchant Solutions is a technology-enabled funding platform that aims to provide capital access to small and mid-sized businesses that have previously been underserved by traditional financial institutions, and have experienced difficulties obtaining timely financing. By leveraging historical transactional data, proprietary underwriting, predictive analytics, and electronic payment technologies, CFGMS assesses risk and offers flexible and prompt access to capital.

As a direct funder, CFGMS is committed to understanding your business objectives and formulating customized capital programs to help you achieve your goals. With a deep understanding of the frustration of acquiring flexible and timely financing, CFGMS uses its proprietary analytics technology and common-sense underwriting to provide fast and efficient access to capital. The company values its client relationships and aims to provide the fast and flexible capital that business operators require.

CFGMS services small to medium-sized businesses that need working capital to grow or operate their businesses. Whether a company requires funds for inventory or equipment purchases, seasonal bridging, expansion support, or marketing and advertising investment, CFGMS can provide a working capital solution that meets specific needs and objectives.

 

Related Press:

CFG Merchant Solutions Closes $20 Million Corporate Note Financing | deBanked

Brean Capital Completes $20.0 Million Corporate Note Financing for CFG Merchant Solutions – Brean Capital Newsroom

CFG Merchant Solutions Closes $20.0 Million Corporate Note Financing | Secured Finance Network (sfnet.com)

CFG Merchant Solutions Closes $20MM Corporate Note Financing – News | ABL Advisor

CFG Merchant Solutions Closes $20MM Corporate Note Financing – ABFJournal

CFG Merchant Solutions Closes $20 Million Corporate Note Financing (funderintel.com)

 

Contact:

Name: Richard Polgar

Title: Chief Financial Officer

[email protected]