First Avenue Funding

Asset-based lender based in Birmingham, Alabama.

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First Avenue Funding is a Birmingham, Alabama commercial finance company, founded in 2017 with investor capital, that lends to U.S. businesses with roughly $2.5 million or more in annual revenue. Facilities of $500,000 to $20 million include accounts receivable lending and factoring, inventory lines, purchase order finance, asset-based loans, equipment term loans and bridge loans on commercial real estate. It reports more than $1 billion funded since inception.

Profile

TypeAsset-based lender
HeadquartersBirmingham, Alabama
Websitefirstavenuefunding.com
Founded2017
Published deal size$500,000 to $20,000,000 (First Avenue Funding)
ProductsAsset-based revolvers, Factoring, Equipment loans, Bridge loans

Sources: First Avenue Funding.

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