SLIM Capital experienced a surge in origination volume and a company record-breaking influx of deal submissions in Q1/24, originating nearly $200 million of transactions during the quarter.
“With increasing delinquency affecting various finance sectors, many institutions are pulling back or altogether exiting the equipment finance space,” Shervin Rashti, CEO at SLIM Capital, said. “Our experience in navigating stressful environments, gives us the confidence to build and capitalize businesses that are finding access to capital limited.”
Highlights from SLIM Capital’s Q1/24 business lending deals include:
- Largest Deal Size: $300,000
- Smallest Deal Size: $20,500
- Average Funded Deal Size: $125,000
- Total Origination Amount: $199,039,500
- Number of Deals Submitted: 671
- Quickest Look to Book: Less than one day (from docs-in to funding)
