LendingPoint Closes Up To $110 Million Mezzanine Facility with Midcap Financial Trust & Apollo Investment Corporation
LendingPoint Closes Up To $110 Million Mezzanine Facility with Midcap Financial Trust & Apollo Investment Corporation LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust (MidCap), managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment Corporation (NASDAQ: AINV). Speaking about the facility, Tom Burnside, CEO of LendingPoint, stated: “We are delighted with the confidenc...
Source: crowdfundinsider.com