Pasadena Private Lending Surpasses $300 Million in Loans

Whats Happening:

Pasadena Private Lending (PPL), a non-bank lender focused on the lower middle market, has surpassed $300 million in loans closed since its founding. The fund offers $2-15 million senior secured business loans to growing companies with $1-5 million in EBITDA across the United States. This milestone underscores PPL's commitment to providing flexible capital solutions to successful entrepreneurs and fostering long-term partnerships.

Key Moves:

• PPL surpasses $300 million in loans closed since founding

• Fund offers $2-15 million senior secured business loans

• Targets companies with $1-5 million in EBITDA nationwide

By The Numbers:

• Over $300 million in loans closed

• $2-15 million loan range

• $1-5 million EBITDA target for borrowers

Key Quotes:

• "Crossing this threshold reflects more than just capital deployed - it represents hundreds of stories, businesses empowered, and opportunities realized," said Iain A. Whyte, Founder & Chief Executive Officer of Pasadena Private Lending.

• "We understand the challenges with traditional lending institutions and as former bankers ourselves, we know how to underwrite prudently using our experience and judgment," said Mike McAdams, President of Pasadena Private Lending.

Bottom Line:

Pasadena Private Lending's achievement of $300 million in loans closed demonstrates its growing impact in the lower middle market lending space. By focusing on flexible capital solutions and long-term partnerships with entrepreneurs, PPL is positioning itself as a key player in supporting the growth of businesses with $1-5 million in EBITDA across the United States.

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