SLIM Capital, headquartered in Beverly Hills, CA, announced a groundbreaking quarter, with Q1 2024 witnessing an exceptional surge in origination volume and a record-breaking influx of deal submissions. The team's unwavering commitment to efficiency and excellence has enabled it to fund deals swiftly and effectively, positioning it as a reliable partner for businesses’ financial needs. As it embarks on Q2, the company is eager to review and consider new opportunities, ensuring that its momentum translates into mutually beneficial outcomes. This success underscores the company's dedication to innovation and its agility in adapting to the ever-evolving dynamics of the market.

"With increasing delinquency affecting various finance sectors, many institutions are pulling back or altogether exiting the equipment finance space. Our experience in navigating stressful environments, gives us the confidence to build and capitalize businesses that are finding access to capital limited.” said Shervin Rashti, CEO at SLIM Capital.

Here is a quick glance at the first quarter of 2024 Business Lending for SLIM Capital:

• Largest Deal Size - $300,000
• Smallest Deal Size - $20,500
• Average Funded Deal Size - $125,000
• Total Origination Amount - $199,039,500
• Number of Deals Submitted: 671
• Quickest Look to Book: Less than one day (From docs-in to funding)

As SLIM Capital looks ahead to the remainder of the year, it remains focused on its core values of helping businesses with their finance needs and is committed to fostering even stronger relationships with its clients while maintaining its reputation as a reliable industry leader. With the addition of new team members, its efficiency with transactions being processed is stellar. As a full-service direct lender, SLIM Capital looks for solutions to get transactions done that many other lenders cannot fund.