Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business Lending
Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, is delighted to announce the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and asset-based lending. The merger, facilitated by Altriarch Commercial Finance, Inc., the new parent company of both Breakout and 12Five, establishes a strategic alliance with a day-one portfolio exceeding $80 million. The synergistic move unites two enterprises dedicated to addressing the ever-changing needs of small businesses across the United States and sets the stage for further expansion within commercial finance.