AFH Establishes $100 Million Financing Facility to Loan Funds to Emerging Growth Companies
AFH Holding & Advisory today announced it has secured a large credit facility to finance qualified emerging growth companies in various sectors.
AFH said the fund will lend up to $35 million to individual clients in the form of a secured asset collateralized loan. Funds will be applied to AFH portfolio clients, principally for business expansion and related growth purposes.
"Every day, we meet with talented entrepreneurs who seek flexible financing options to advance their ideas," said Amir Heshmatpour, managing director of AFH. "Our facility was established to help innovative emerging companies with proven business models accelerate their growth."
AFH's recently established lending practice offers secured asset collateralized loans, including stock collateralized loans. The firm is a licensed lender in the state of California.