Leonid Closes Latest Capital Round To Fund Originations In Ground Breaking Government Contract Financing Strategy
Leonid Closes Latest Capital Round To Fund Originations In Ground Breaking Government Contract Financing Strategy
09/14/22, 5:50 PM
Location
huntington beach
Industry
government
financial services
LEONID, a Department of Defense Trusted Capital Provider, is pleased to announce the closing of its latest Special Purpose Vehicle (SPV), LEONID Capital Management SPV 2, with the funds raised to be exclusively used for originations under the Company's unique Government Contract Financing model.
Company Info
Location
huntington beach, california, united states
Additional Info
The firm can help companies improve their working capital position to help finance growth strategies and manage operating expenses. HUNTINGTON BEACH, Calif., Sept. 14, 2022 /PRNewswire/ -- LEONID, a Department of Defense Trusted Capital Provider, is pleased to announce the closing of its latest Special Purpose Vehicle (SPV), LEONID Capital Management SPV 2, with the funds raised to be exclusively used for originations under the Company's unique Government Contract Financing model.Raised from both existing investors and new, strategic investors, the SPV closed within four weeks of launch, and is already 100% deployed or committed to immediate-term pipeline."Our ability to raise and deploy capital in a rapid fashion is becoming the hallmark of our growing organization," said LEONID Founder, Christopher Lay. About LEONIDLEONID is the leading financial services platform supporting U.S. Federal Government contractors.