El Paso, TX – Viva Capital Funding, LLC (Viva), a leading invoice factoring specialty finance company, recently announced the successful extension and upsize of their investment-grade corporate notes to $35.5 million. Since 2018, Viva has provided over $2.5B in capital to growing companies across a variety of industries throughout the U.S. The Company offers factoring, reverse factoring and trailer leasing services. Proceeds will be used to refinance existing debt and support additional growth of the business.
Brean Capital, LLC served as the Company’s exclusive financial advisor and sole placement agent in connection with the transaction.
“This transaction comes at an opportune time as we look to expand across both new and existing product lines,” said Viva’s President, Greg DiDonna. “Having key institutional investors grow alongside us speaks to the strength of those relationships and gives us confidence as we scale.”
Michael Marshall, Director of Finance at Viva, added, “The completion of this deal extends our maturity profile and adds incremental capacity well-suited to our current business mix, all while maintaining a disciplined and well-structured balance sheet.”
Founded in 1999, Viva Capital Funding, LLC is a specialty finance company providing simple, fast and reliable financing solutions across a diverse range of industries throughout the United States. Headquartered in El Paso, TX, the Company offers factoring, reverse factoring and land banking services while maintaining the highest standard of performance, ethics and integrity. For additional information about the company, please visit: http://www.vivacf.net.
Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 50 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle market businesses. Throughout its history, Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction. For more information, please visit: www.breancapital.com/InvestmentBanking.