Aequum 2024 Year in Review: A Year of Growth, Milestones, and Strategic Expansion

Whats Happening:

Aequum, a leading lender in the $5-$50 million non-bank asset-based lending market, achieved significant growth in 2024. The fund closed $152 million in new loan commitments, strengthened relationships with key referral sources, and expanded its team with strategic hires. Aequum also upsized its warehouse line of credit to $140 million and leased new headquarters in Chicago's financial district.

Key Moves:

• Closed $152 million in new loan commitments

• Upsized warehouse line of credit to $140 million

• Expanded team with key hires including James Farrell as Executive Director

By The Numbers:

• $152 million in new loan commitments closed

• $140 million warehouse line of credit secured

• 5 key deal highlights ranging from $7.1 million to $45 million

Key Quotes:

• "We are excited to expand our credit facility with Aequum. Aequum's continued support of the Pilot Wave team will allow us to further our acquisition strategy and accelerate growth." - Arik Oganesian, Head of E-Commerce at Pilot Wave Holdings

Bottom Line:

Aequum's strong performance in 2024 sets the stage for continued growth in 2025. With a talented team, expanded lending capabilities, and strong investor backing, the fund is well-positioned to capitalize on new opportunities in the non-bank asset-based lending market.

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