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Fundworks Extends and Upsizes Investment-Grade Corporate Notes to $40.0 Million
['Press Release']
deBanked
Salt Lake City, UT – The Fundworks, LLC (“Fundworks” or the “Company”), a leading tech-enabled provider of financing for small businesses across the U.S., announced the recent extension of their $40.0 million investment-grade corporate notes.
Transaction proceeds will be used to refinance debt, extend the Company’s maturity profile and to support continued origination growth.
By providing long-term capital visibility, these notes allow for greater flexibility in how we deploy capital to support small businesses across the nation.”
The Company’s proprietary technology platform makes the opaque, time-consuming process of obtaining capital simple, fast and reliable.
Since inception, Fundworks has funded more than $1 billion to over 15,000 small businesses throughout the United States.