Monroe Capital Announces Partnership with Source One Financial Services, LLC

Monroe Capital Announces Partnership with Source One Financial Services, LLC
Monroe Capital LLC, on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC to originate and purchase consumer recreational vehicle and marine loans. The initial pool is expected to be $250 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Monroe partnership will allow Source One to continue to drive origination growth in high quality consumer RV and marine loans. Source One will originate and service the loans.
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