Viva Capital Funding Closes $85.0 Million in Bank Credit Facilities

Dec 1, 2022

EL PASO, Texas - December 1, 2022 - (Newswire.com)

Viva Capital Funding, LLC ("Viva"), a leading invoice factoring specialty finance company, today announced the closing of $85.0 million in two bank credit facilities; consisting of $45.0 million for factoring and $40.0 million for land banking. This transaction follows a successful $18.5 million investment-grade rated corporate note financing completed by the Company in June 2022. Proceeds from the new facilities will be used by Viva for general corporate purposes and to support continued growth of the business. 

Since inception, Viva has purchased over $2.5 billion in receivables from customers nationwide.

"We greatly appreciate the confidence and strong support of our bank lending partner," said Viva's President, Greg DiDonna. "The closing of these new credit facilities provides the Company significant flexibility to capitalize on opportunities we are seeing in the market and to further accelerate our core strategy — offering small business clients throughout the U.S. simple, fast and reliable funding solutions."

Michael Marshall, Director of Finance at Viva, added, "The Company continues to take proactive steps to improve our balance sheet. As we drive to execute our strategic growth initiatives, these credit facilities provide additional liquidity and further help to reduce our cost of capital."

Brean Capital, LLC served as the Company's Exclusive Financial Advisor and Placement Agent on the transaction.

About Viva Capital Funding, LLC:

Viva Capital Funding, LLC is a specialty finance company providing simple, fast and reliable financing solutions across a diverse range of industries throughout the United States. Headquartered in El Paso, Texas, the Company offers factoring, reverse factoring and land banking services while maintaining the highest standard of performance, ethics and integrity. With over 100 years of combined finance and accounting experience, Viva's team has funded over $2 billion in the transportation industry alone since inception. For more information, please visit http://www.vivacf.net. 


Contact Information:
Armando Armendariz
Director Of Business Development
[email protected]
915-615-6664


Press Release Service by Newswire.com

Original Source: Viva Capital Funding Closes $85.0 Million in Bank Credit Facilities
MORE NEWS
Comelec hopes for anti-dynasty law before 2026 ends
Sep 30, 2026
Comelec hopes for anti-dynasty law before 2026 ends

The Commission on Elections (Comelec) is hoping that an anti-dynasty law could be passed before the end of 2026, allowing enough time to clarify any of its provisions.

SC ruling shows impeachment court proceedings are constitutionally bulletproof -- court spox
Sep 30, 2026
SC ruling shows impeachment court proceedings are constitutionally bulletproof -- court spox

For Senate impeachment court spokesperson Atty. Regie Tongol, the Supreme Court"s (SC) dismissal of the petitions challenging its ruling on the impeachment voting threshold means that the impeachment court"s proceedings are “constitutionally bulletproof.”

Family Feud Philippines: September 30, 2026 | LIVESTREAM
Sep 30, 2026
Family Feud Philippines: September 30, 2026 | LIVESTREAM

DREAM TEAM SAKURAGI vs. AMAZING DREAM TEAM Small but terrible ang mga kalahok for today's video! Ang Dream Team Sakuragi ay handa nang patunayan ang galing sa survey board! Sino kaya ang MVP sa hulaan? Tutukan lahat ng 'yan dito sa 'Family Feud,' 5:35 p.m. sa GMA! #FamilyFeudPhilippines #FamilyFeud #FeudBasketeers

TiktoClock: Ang COMPETITIVE ni Kris Bernal!
Sep 30, 2026
TiktoClock: Ang COMPETITIVE ni Kris Bernal!

Aired (September 30, 2026): Lumabas ang competitive side ni Kris Bernal sa 'Caterpillar Karera'. Alamin kung siya nga ba ang nanalo sa video na ito.

Zamboanga del Sur launches tourism website, tourist police
Sep 30, 2026
Zamboanga del Sur launches tourism website, tourist police

PAGADIAN CITY, Zamboanga del Sur – The provincial government of Zamboanga del Sur launched its tourism website as it activated its Tourist Police Unit on Tuesday to boost local tourism and enhance visitor security. The dual initiatives were formally launched during the World Tourism Day celebration at the Pavilion Hall, Provincial Government Center in Barangay

Faith Da Silva, pambato ng veteran beauty queens sa national pageant
Sep 30, 2026
Faith Da Silva, pambato ng veteran beauty queens sa national pageant

Nagpahayag ng suporta ang pageant veterans at co-stars ni Faith Da Silva sa upcoming GMA Pictures film na 'Red Crown' na sina Ahtisa Manalo, Ara Arida, at MJ Lastimosa sa posibleng pagsali niya sa national pageant.

Lacson mocks Cayetano’s credibility amid ghost project controversy
Sep 30, 2026
Lacson mocks Cayetano’s credibility amid ghost project controversy

MANILA, Philippines — Sen. Panfilo “Ping” Lacson took a swipe on Wednesday at Senate Minority Leader Alan Peter Cayetano’s credibility after the latter described him as having influence over various government agencies amid the controversy over alleged ghost projects in Taguig City. In a post on X, Lacson quoted Cayetano as saying that he had

Heart Evangelista sa pag-ibig: 'It's okay to be in love, but also be smart'
Sep 30, 2026
Heart Evangelista sa pag-ibig: 'It's okay to be in love, but also be smart'

May munting paalala si Heart Evangelista para sa mga umiibig at nais magpakasal!

Here's how much tickets are for Sleeping With Sirens in Manila
Sep 30, 2026
Here's how much tickets are for Sleeping With Sirens in Manila

Sleeping With Sirens is coming back to Manila in April 2027.

Yasser Marta turns emotional when asked about relationship with Robb Guinto
Sep 30, 2026
Yasser Marta turns emotional when asked about relationship with Robb Guinto

Are Yasser Marta and Robb Guinto going through a rough patch?

TiktoClock: Katrina Halili, UMAMIN NA?!
Sep 30, 2026
TiktoClock: Katrina Halili, UMAMIN NA?!

Aired (September 30, 2026): Nag-YES na nga ba? Panoorin dito ang pagsagot ni Katrina Halili sa tanong ni Kuya Kim tungkol sa namamagitan sa kanila ni Kris Lawrence.

Southeast Asia faces ‘sleeper’ food crisis from Hormuz fertiliser bottleneck
Sep 30, 2026
Southeast Asia faces ‘sleeper’ food crisis from Hormuz fertiliser bottleneck

A hunger crisis could creep up on Southeast Asia if the region does not guard against export restrictions amid a fertiliser shortfall, International Chamber of Commerce (ICC) Secretary General John Denton has warned. On the sidelines of the Future of Trade Forum in Singapore on Wednesday, Denton urged the city state, as the next Asean chair, to prioritise the “sleeper issue” for the region. He argued that the real story centred on food, despite the Strait of Hormuz gridlock being widely seen as...

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.