Kapitus closes $250 million asset-backed securitization and upsizes corporate note to $95 million, strengthening its financing capabilities for small businesses.

Kapitus, a leading provider of financing for small and medium-sized businesses, announced the closing of a $250 million asset-backed securitization. The facility has a 3-year revolving period and is expandable to $500 million, rated by Kroll Bond Rating Agency. The company also upsized its corporate note to $95 million. These transactions will support the company's growth and operational flexibility, helping small businesses across the U.S.