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Velocity Capital gets $50 million line of credit via Arena Investors
By Wendy Van Sickle
Columbus, Ohio, Feb. 15 – Velocity Capital Group secured an up to $50 million multi-draw term funding line of credit with Arena Investors, LP, according to a news release.
The line of credit will give Velocity the ability to fund larger deals and provide longer terms, according to the release.
Based in Cedarhurst, N.Y., Velocity Capital Group helps small businesses all over the United States access capital.
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