After Solid Gains, Firm Specializing in Factoring, Small-Business Loans Seeks Ambitious Growth
Specialty-finance operation Altriarch Commercial Finance is on an asset-raising tear, with aspirations to increase its investor capital by hundreds of millions of dollars.
The asset-based credit investor now manages about $240 million, up from $100 million in November of 2021, with its capital deployed to three areas: factoring, or providing financing to companies via the purchase of accounts receivable; term loans to small businesses; and financing of firms that run their own factoring businesses.