Kapitus Continues to Demonstrate Industry Confidence with $345 Million in Financing Transactions

Kapitus, a leading provider of financing to small and medium-sized businesses, has announced the closing of a $250 million asset-backed securitization (ABS) and the upsizing of its corporate note to $95 million. These transactions mark another milestone in a period of significant growth for the company, which has already demonstrated its ability to navigate economic uncertainty. With the demand for capital continuing to grow for small business owners, Kapitus is well-positioned to support the critical growth needs of small businesses in the U.S.

Key Takeaways:

  • Kapitus has closed a $250 million ABS transaction, which has a 3-year revolving period and is expandable to $500 million, rated by Kroll Bond Rating Agency, LLC (KBRA).
  • The company has upsized its corporate note to $95 million, with Brean Capital, LLC serving as the company's exclusive financial advisor and sole placement agent in connection with this transaction.
  • Other recent transactions include the closing of a $165 million ABS transaction in January 2025 and increasing its warehouse line of credit from $122 million to $230 million in December 2024.
  • Kapitus has connected over $7 billion in growth capital to almost 65,000 small businesses to date.
  • The company is committed to helping the small business community through fast and efficient financing options in an increasingly tight lending market.
  • Kapitus will use the proceeds of these transactions to support its growth and operational flexibility, expanding its ability to support the critical growth needs of small businesses in the U.S.

Statistics:

  • $250 million: The value of the asset-backed securitization (ABS) transaction closed by Kapitus.
  • $95 million: The upsized value of Kapitus's corporate note.
  • $7 billion: The amount of growth capital connected to almost 65,000 small businesses by Kapitus to date.
  • $165 million: The value of the ABS transaction closed by Kapitus in January 2025.
  • $122 million: The initial value of Kapitus's warehouse line of credit.
  • $230 million: The value of Kapitus's warehouse line of credit after increasing it in December 2024.
  • 65,000: The number of small businesses connected to growth capital by Kapitus to date.

Sources:

  • Kapitus press release (no date provided)
  • "Kapitus Announces Closing of $250 Million ABS and Upsizes Corporate Note to $95 Million" (PRNewswire, no date provided)
  • "About Kapitus" (Kapitus website, no date provided)