Spartan Capital Secures $160 Million Senior Credit Facility to Expand Small Business Funding Nationwide

At Spartan Capital, our mission has always been simple: provide small and medium-sized businesses with fast, flexible access to the working capital they need to grow.

Today, we're proud to share one of the most significant milestones in our company's history.

Spartan Capital has secured a new senior credit facility that provides $60 million at closing with the ability to grow by an additional $100 million, creating a total funding capacity of up to $160 million. Arranged with a leading specialty finance lender, this facility strengthens our ability to provide revenue-based financing and business funding solutions to entrepreneurs and small businesses across the United States.

This milestone represents more than additional capital. It reinforces the confidence our financial partners have in Spartan Capital's platform, leadership, underwriting expertise, and long-term vision for growth.

Read the official press release: For the complete announcement, including comments from CEO Frank Ebanks and CFO Terence Walsh, click here.

Meeting the Growing Demand for Flexible Business Funding

Across the country, small and medium-sized businesses continue looking for alternatives to traditional bank financing.

Whether they're managing cash flow, purchasing inventory, hiring employees, expanding operations, or investing in new opportunities, business owners often need funding that moves at the pace of business.

As demand for non-bank financing continues to grow, this new senior credit facility positions Spartan Capital to meet that demand by increasing our funding capacity while continuing to deliver the speed, flexibility, and service our partners and clients expect.

What This New Facility Means

The new credit facility provides Spartan Capital with:

• $60 million in funding capacity at closing

• The ability to expand the facility by an additional $100 million

• Total potential funding capacity of up to $160 million

• A more efficient and scalable source of institutional capital

• Greater flexibility to support continued company growth

• Increased capacity to fund more qualified small businesses nationwide

By strengthening our capital position, Spartan Capital is better equipped to continue helping entrepreneurs access the working capital they need without the lengthy timelines often associated with traditional financing.

Investing in the Future of Business Funding

This expanded capital base will allow Spartan Capital to continue investing in several key areas of the business.

Expanding Our Core Funding Solutions

The additional capital will allow us to widen access to our core revenue-based financing products while continuing to offer business loans that help business owners address a wide variety of financing needs.

Launching New Product Offerings

As the needs of small businesses continue to evolve, Spartan Capital plans to accelerate the rollout of additional financing products designed to serve an even broader range of businesses and industries.

Delivering Faster Funding

Speed has always been one of Spartan Capital's defining strengths.

The new facility supports our ongoing efforts to shorten the path from application to funding by combining technology, streamlined operations, and experienced underwriting to create a faster funding experience for our clients.

Continuing a Technology-Led Approach

Technology and data-driven underwriting remain at the center of everything we do.

By combining intelligent technology with experienced underwriting professionals, Spartan Capital continues building a funding platform designed to make financing decisions more efficient while maintaining responsible risk management.

A Milestone Built In-House

One of the most notable aspects of this transaction is that the facility was sourced, structured, negotiated, and closed entirely by Spartan Capital's in-house team.

This achievement reflects the depth of our internal expertise across capital markets, underwriting, and financial operations while demonstrating our ability to execute complex institutional financing initiatives independently.

Leadership Perspective

Frank Ebanks, Chief Executive Officer of Spartan Capital, shared the significance of the announcement:

"Securing this facility is a major step for us and a clear vote of confidence in the platform we've built. Pairing disciplined underwriting with institutional capital of this scale lets us put more money to work for small business owners, and do it faster, as we keep expanding our footprint across the alternative financing space."

Terence Walsh, Chief Financial Officer of Spartan Capital, emphasized the long-term impact of the facility:

"From a capital markets standpoint, this facility gives us a more efficient and scalable source of funding, along with the runway to grow responsibly. It reflects the strength of our asset performance and the confidence our partners have in the company's leadership team."

Strengthening Relationships with Our Partners

This facility not only increases funding capacity but also deepens Spartan Capital's relationship with its lending partner.

Strong institutional relationships provide a solid foundation for continued responsible growth while allowing Spartan Capital to remain focused on delivering reliable funding solutions to referral partners, ISOs, and the businesses they serve.

Looking Ahead

Since our founding in 2016, Spartan Capital has helped fund thousands of businesses across the United States through fast, flexible working capital solutions powered by technology and data-driven underwriting.

Securing this new senior credit facility marks another important chapter in our journey.

With up to $160 million in available capacity, we are well-positioned to expand our reach, introduce new financing solutions, invest in innovation, and continue delivering the responsive service that has become synonymous with the Spartan Capital name.

As we continue to grow, our commitment remains unchanged: helping small and medium-sized businesses access the capital they need to move their businesses forward.

We look forward to supporting even more entrepreneurs, strengthening our partnerships, and continuing to shape the future of alternative business funding.