News

SecurCapital acquires Breakout Capital Finances lending business

Friday 19 July 2019 08:58 CET | News

SecurCapital, a supply chain and financial services provider has revealed the acquisition of the lending business of Breakout Capital Finance, a small business lender.

SecurCapital is also providing additional equity capital to drive growth in Breakout Capital Finances two primary lending products: its term-loan product and its FactorAdvantage lending solution for small businesses that utilize factoring to finance their business. The acquired lending business assets will be operated by a subsidiary of SecurCapital that will conduct business as Breakout Capital.

SecurCapital, through a series of strategic acquisitions, provides supply chain and financial services to small businesses primarily in the logistics industry, including veteran-and minority owned businesses.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: SecurCapital, Breakout Capital Finance, lending, payments , small businesses
Categories:
Companies:
Countries: World