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Monroe Capital Announces $250 Million Forward Flow Purchase of Consumer Recreational Vehicle and Marine Loans from Source One Financial Services, LLC

1. Monroe Capital partners with Source One for $250M RV and marine loans. 2. Investment supported by a revolving credit facility from CIBC.

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FAQ

Why Bullish?

The partnership diversifies Monroe's loan portfolio, potentially enhancing revenue streams. Historical data shows increased market confidence after similar financing announcements.

How important is it?

Significant partnership indicates growth potential, appealing to investors seeking revenue assurance.

Why Short Term?

The immediate effect of increased lending capacity could boost MRCC shares quickly, similar to past trends observed following strategic partnerships.

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CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Monroe partnership.

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