Mike McConnell Related Content

Channel Closes $190MM Equipment Finance Securitization

Channel completed a second equipment finance securitization, a $190 million issuance of asset-backed notes collateralized by a portfolio of equipment receivables. The notes consist of four classes, rated AA (sf), A (sf), BBB (sf) and BB+ (sf) by Kroll Bond Rating Agency. read more

Channel Completes $85MM ABS Securitization

Channel, a lender specializing in equipment finance and working capital, completed 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. read more

Channel Secures $75MM Credit Facility from Truist

Channel entered into a new $75 million credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations. read more

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