Alliance Funding Group (AFG) successfully upsized its corporate notes to $50.0 million. This upsize will be used to facilitate growth and for working capital needs.

AFG is a market-leading vendor direct specialty finance company that provides small-ticket and middle-market equipment leasing, financing and working capital solutions to a broad range of businesses throughout the U.S. Since inception, the Company has funded more than $3.0 billion to over 25,000 businesses and is recognized as one of the fastest growing independent leasing companies in the country.
 
“We are thrilled about the closing of our third corporate note raise. This incremental capital will allow us to further scale our business and make strategic investments” stated Brij Patel, CEO of AFG. “This further cements our position as a premier independent equipment leasing company.”

Brent Hall, AFG Senior Vice President, added, “The additional capital will be allocated to fund AFG’s strategic growth initiatives, enhancing the flexibility of our capital structure. We appreciate the ongoing backing of our institutional investors, and the confidence they have in our platform.”

Brean Capital, LLC served as the Company’s Exclusive Financial Advisor and Sole Placement Agent in connection with the transaction.