YouLend, a global embedded financing platform, has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm known for its expertise in asset-based private credit. This is set to potentially extend over $1 billion in financing to US SMBs over the next three years. With this latest agreement, it aims to provide fast and affordable financing solutions to an even broader range of SMBs.
YouLend, a global embedded financing platform, has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm known for its expertise in asset-based private credit. This is set to potentially extend over $1 billion in financing to US SMBs over the next three years. With this latest agreement, it aims to provide fast and affordable financing solutions to an even broader range of SMBs.