Minnetonka, MN – July 7, 2023. Channel, a leading lender specializing in equipment finance and working capital, announced the successful completion of its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes is collateralized by small business loans and advances across a wide range of industries.

Minnetonka, MN, July 3, 2023— Channel is proud to announce that for the second consecutive year it has been honored as a Star Tribune Top 200 Workplace, ranking fifth among the midsize Minnesota companies list.

Minnetonka, MN – June 5, 2023. Channel has announced that Parker Dood has been elevated to Regional Sales Manager, Northeast, effective June 1, 2023. Cory Krogen, SVP of Sales at Channel, said, “Parker has quickly proven his ability to positively guide and foster valued partner relationships.

Minnetonka, MN – April 24, 2023. Today, Channel announced the company has entered into a new credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations and reflects the scale and capacity growth that Channel continues to realize.

Minnetonka, MN, August 30, 2022 – Brad Peterson, President & Chief Executive Officer at Channel, announced the company has earned a place on the Inc. 5000 annual list of the fastest-growing private companies in America for a 10th consecutive year.