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Published on 4/17/2024 in the Prospect News Private Placement Daily.

Finova Capital closes $30 million senior credit facility

By Marisa Wong

Los Angeles, April 17 – Finova Capital, LLC recently closed a $30 million senior credit facility with a major specialty lender, according to a press release.

The facility will be used to originate new equipment leases.

Based in Rochell Park, N.J., Finova provides equipment financing and financing programs. Finova is majority owned by National Funding, Inc.


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