Direct-Link Holding Group LLC announced that it has completed a transaction in which M&F Business Credit Inc. will provide an acquisition line of credit to the company for $5 million.
“This new line of credit provides us with additional resources to maintain our current and future growth strategy,” said James Mackenzie, president of Direct-Link.
Direct-Link Holding Group is a Pacific Palisades, Calif.-based limited liability insurance agency specializing in identifying and acquiring commercial and personal insurance portfolios and stand-alone insurance agencies throughout the United States
M&F Business Credit Inc., headquartered in Memphis, Tenn., provides asset-based lending for small and medium sized companies.
Direct-Link Holding Group has offices located in Novato, Concord, Sacramento and La Quinta, Calif., as well as in Toronto, Ontario and Vancouver, British Columbia.
Was this article valuable?
Here are more articles you may enjoy.
The Hartford Q3 Net Income Up 41% 
Big Food Readies New Strategy Against RFK Jr. Push in States 
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot 
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations 
