Channel and CIBC Bank USA Expand Long-Term Financing Partnership to $135 Million
PRIVATEOct 22, 2026
Amount Raised
$135 Million
Round Type
Venture
MinnetonkaSoftwareE Commerce
Description
Channel has closed a new $135 million revolving credit facility with CIBC Bank USA, expanding their long-standing partnership. This facility will support equipment finance leases and loans alongside existing working capital products.
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Company Information
Company
Channel
Location
Minnetonka, Minnesota, United States
About
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Fundz sees it the moment Channel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
MinnetonkaSoftwareE Commerce