Equify secures $100M facility from JPMorgan
Facility supports Equify's growing commercial loan portfolio
Equify Financial has closed a $100 million capital facility led by JPMorgan Chase, enhancing Equify’s ability to serve middle-market businesses across the United States.
The facility will support Fort Worth, Texas-based Equify’s growing portfolio, which is focused on equipment financing, asset-based lending and structured solutions for capital-intensive industries, according to a news release today. The facility strengthens the lender’s ability to quickly respond to borrowers’ needs while maintaining a relationship-driven approach.
“This transaction reflects confidence in our underwriting discipline, asset quality, and long-term strategy,” Equify Chief Executive Pat Hoiby stated in the release. “Access to stable, institutional capital allows us to be a more reliable partner to business owners who need flexible financing in dynamic market conditions.”
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