Announced
Synopsis
Century Equity Partners invested $23m in The Credit Junction, the first data-driven, asset-based lending platform that is reinventing the way small and mid-sized businesses access working capital, growth and supply chain financing solutions. This investment provides The Credit Junction with growth capital to expand its ability to provide financing solutions to Supply Chain America, as well as commercialize its proprietary data and risk analytics platform. “We are pleased to partner with The Credit Junction in this next stage of their growth,” said Chris Lalonde, Managing Director of Century Equity Partners. “We have been impressed with the outstanding job that Michael and his team have done, and believe that their lending and technology platforms will offer significant value over the long-term. We are dedicated to supporting The Credit Junction’s strategic initiatives as they build on this strong foundation.”
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