El Paso, TX Viva Capital Funding, LLC (“Viva”), a leading invoice factoring specialty fiance company, announced the closing of $18.5 million of Senior Secured Notes to a group of institutional investors.  The transaction was assigned a BBB rating by a nationally recognized statistical ratings organization. Proceeds will be used by the Company to restructure existing debt and support additional growth of the business.

Brean Capital, LLC served as the Company’s Exclusive Financial Advisor and Placement Agent on the transaction.

“This financing positions Viva to tackle new markets and take the next step in our growth plans.” said President, Greg DiDonna. “We have purchased over $1 billion in receivables and more than doubled our revenue over the last 5 years.  This new capital will allow us to continue to provide financing to our small business clients and expand our market share.”

Michael Marshall, Director of Finance at Viva, added, “This transaction streamlines our capital structure and reduces our cost of capital to support capitalizing on new business opportunities available to Viva in today’s market.”

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. With over 100 years of combined finance and accounting experience, Viva’s team has funded over $1 billion in the transportation industry alone since inception. For more information, please visit: https://vivacf.net.

Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 40 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.

Contact the team
Interested to learn more and see how Brean Capital can help your business? Contact the team below:

Executive Managing Director
Investment Banking
(212) 702-6532
PMcNierney@breancapital.com

Vice President
Structured Products Banking
(212) 702-6563
CSmith@breancapital.com

Managing Director
Investment Banking
(415) 275-5639
PJohnston@breancapital.com

Managing Director
Capital Markets
(212) 702-6614
ONaporano@breancapital.com

Director
Investment Banking
(212) 702-6544
JSchwartz@breancapital.com

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