PrivateCap Launches New Funding Source for Equipment Finance Industry
PrivateCap launches to connect institutional investors to originators in the small and mid-market leases and business lease and loan market, creating a new asset class of investments for the equipment finance industry.
This news matters because it introduces a new funding source for the equipment finance industry, which can create greater diversity and fuel growth in the market. Institutional investors and originators will now have access to a low-cost process to assess leases and loans in smaller transaction sizes.