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Reason to Believe: Funding Sources Remain Optimistic in Uncertain Environment
Channel Partners Capital
Channel is a nationwide leading provider of SMB equipment finance and working capital solutions.
Maple Grove, MN (August 12, 2015) – Channel Partners LLC announced today a new, broad-based funding partnership with Chicago-based Monroe Capital LLC (“Monroe”). Under the terms of the deal, affiliate Channel Partners Capital secured a minority equity investment from Monroe and closed a new three-year $50 million credit facility with certain Monroe affiliated investment funds.
Channel Partners Capital Closes Majority Equity Investment by Elliott Management Corporation; Secures New Long-Term Credit Facility
Minnetonka, MN – Channel Partners Capital (“Channel”), a leading provider of small business loans, announced today two significant developments to support the company’s growth initiatives. Channel has closed a significant equity investment from funds advised by Elliott Management Corporation (“Elliott”), a leading multi-strategy private investment firm with approximately $35 billion in assets under management.
Minnetonka, MN – March 31, 2022. Adam Peterson, Senior Vice President of Sales at Channel, announced the company has hired Elena Zucchi as Vice President of Sales, responsible for establishing, developing, and growing partner relationships and sales team leadership for Channel across the Central U.S. region.