CFG Merchant Solutions Closes Credit Facility of Up to $145 Million to Support Small Business Growth

CFG Merchant Solutions, LLC (CFGMS), a technology-driven specialty finance provider, has completed a $100 million senior credit facility. This facility can be expanded by an additional $45 million, totaling up to $145 million. Funds were secured from a prominent, U.S.-based institutional investor specializing in private structured credit. The capital will help CFGMS support the growth of small and medium-sized businesses (SMBs).

Founded in 2015, CFGMS has financed over $1.4 billion to more than 33,000 SMBs across various industries in the U.S. With this new capital, CFGMS aims to continue offering flexible financing solutions to help businesses seize growth opportunities and contribute to economic prosperity.

Andrew Coon, CEO of CFGMS, stated, "This capital raise reaffirms our commitment to empowering small businesses." Bill Gallagher, President of CFGMS, added, "This facility will ensure our clients have access to financing solutions tailored to their needs."

Brean Capital, LLC acted as the exclusive financial advisor and sole placement agent for this transaction.