Haversine Provides $23.5 Million in Participation and Lender Finance Funding Solutions

Haversine Funding, a leading provider of specialized financial solutions for the factoring and asset-based lending (ABL) industries, is proud to announce another series of impactful funding transactions. These deals highlight Haversine’s role as a trusted partner in helping lenders and factors achieve their growth objectives while addressing unique market needs.

• $7.0 million disaster recovery loan participation with an asset-based lender to support hurricane cleanup and recovery efforts.
• $8.5 million emergency forest fire participation funding for seasonal needs in a high-demand period.
• $5.0 million senior, lender finance line of credit for an equipment lender looking to scale operations.
• $2.0 million senior line of credit for a transportation factor preparing for growth in 2025.
• $1.0 million senior line of credit for a transportation factor also gearing up for anticipated expansion in the coming year.

These transactions demonstrate Haversine’s commitment to providing tailored funding solutions to lenders and factors across the country. From participation funding that alleviates concentration risks to lender finance facilities that enable growth, Haversine continues to address the evolving capital needs of the specialty finance industry.

About Haversine Funding
Headquartered in Dallas, Texas, Haversine Management, and its subsidiaries are dedicated to delivering fast, flexible, and fair funding solutions to commercial lenders. Since its inception in 2018, Haversine has become a significant ally to factors and asset-based lenders requiring specialty finance funding options. Haversine fills funding gaps by offering senior and junior lender finance lines of credit up to $25 million, as well as participation funding programs. Its 2022 launch of Lead Line, a lead generation and referral platform, and the 2023 release of the ‘In Focus with Haversine’ podcast further exemplify its innovative approach to servicing the industry’s diverse needs. Whether a specialty finance company looking for capital, a private equity sponsor or private company looking to be connected to the ideal lender, or an investor seeking attractive and uncorrelated risk-adjusted returns, please visit www.haversinefunding.com to learn more.