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Contract Type
partnership
Description
JPalmer Collective (JPC) announced a series of deals raising $72 million in gross proceeds, comprising of a senior revolving credit facility provided by Texas Capital Bank, a mezzanine credit facility from a New York-based institutional alternative asset manager, and a common equity infusion. This funding round will accelerate JPC’s growth trajectory and fund new loans to JPC borrower clients, allowing the company to expand its portfolio and support innovative companies poised to make a significant impact in their industries.