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.
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week 
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO 
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB 
Insurance IPOs Hit 20-Year High on Wall Street 
