Rainstar Capital Group, a Grand Rapids, Michigan based multi strategy private equity and national debt advisory firm announced today it had provided an ABL financing solution to a Marketing/ Internet Publishing firm based in New York City.
Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We were pleased to have helped this firm access the growth capital they needed for their 2020 expansion plans.”
The client in New York City specializes in providing internet publishing, content writing and e- commerce solutions for multiple industries. "We were pleased to work with client to identify their growth story and how we could bring a non-bank solution to them," noted Rainstar Capital Group's Managing Director Melinda Fletcher, who assisted the client on the transaction. “Due to profitability issues, this client was not bankable and so with this solution they will be able to access new revenue to get them back into a bankable status.” The firm planned to use the funds to hire new staff.
Rainstar Capital Group has built a lending platform of 250 registered lenders that provides term loans, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, real estate and high growth companies. The lending platform finances clients from 10K to 100M across all credit profiles and 1st and 2nd lien debt positions. Rainstar has developed its own magazine- Rainstar Capital Group Ultimate Lending Guide which highlights all 250 lender’s programs.
Please contact your local Rainstar Managing Director for financing inquiries:
"Helping clients access growth financing is such a joy to provide!"
-Melinda Fletcher
Melinda@rainstarcapitalgroup.com
Direct: (303) 250-1820
https://www.rainstarcapitalgroup.com/submittomelinda