Bryant Park Capital (“BPC”), a leading middle market investment bank with a focus on the specialty finance industry, announced today that Modeso LLC d/b/a RapidFunds (“RapidFunds” or the “Company”), a leading funder of U.S. plaintiff law firms, closed on a $35 million senior secured credit facility with a leading alternative credit fund.
BPC served as the exclusive financial advisor to RapidFunds in connection with this transaction.
“This is our second transaction with BPC, and we are greatly appreciative of their efforts on our behalf,” said Peter Speziale, President and CEO of RapidFunds. “BPC managed a highly efficient capital raising process, resulting in a successful transaction that met all of our goals.”
About RapidFunds
RapidFunds is a leading post-settlement litigation finance company that is engaged in accelerating the working capital conversion cycle for U.S. plaintiff law firms awaiting disbursement of proceeds from a legal settlement. Founded in 2004 by a group of former career attorneys, RapidFunds is based in Marblehead, MA and provides funding to clients throughout the United States.
For more information, visit www.rapidfunds.com.
Bryant Park Capital Secures Senior Credit Facility For RapidFunds
Capital Raising, Specialty Finance & Financial ServicesThis is our second transaction with BPC, and we are greatly appreciative of their efforts on our behalf. BPC managed a highly efficient capital raising process, resulting in a successful transaction that met all of our goals.
