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Aequum Capital recently expanded its revolving line of credit led by Texas Capital Bank to $60 million by adding Wells Fargo & Company to the bank lending group. This new financing will further augment Aequum's significant equity base led by Castlelake, LP.
With the addition of Wells Fargo, Aequum is well-positioned to execute on portfolio acquisition opportunities, as well as the continued organic growth of its portfolio.
Aequum Capital is a technology enabled specialty finance lender that provides senior asset-backed and cash flow debt facilities that range between $2 million and $15 million to small and medium-sized businesses throughout the U.S.