Drift Capital Partners Provides a Senior Credit Facility to Breakout Capital

Breakout Capital announced today that it obtained a revolving credit facility from Drift Capital Partners

Breakout Capital, a technology-enabled small business lender, announced today it obtained a new revolving credit facility from Drift Capital Partners, LLC, an alternative asset management company based in Charleston, South Carolina. The facility is structured to scale in alignment with Breakout Capital’s rapid growth, and at least $25 million in revolving debt is expected to be available to provide working capital solutions to Breakout Capital’s current and future customers. Drift’s commitment equips Breakout Capital with significant incremental funding capacity to continue on its strong trajectory and to meet the robust and accelerating demand among small businesses nationwide for Breakout Capital’s transparent, flexible, and innovative financing solutions.

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Drift Capital Partners is an alternative asset management company based in Charleston, SC.  Drift was formed to provide a select group of qualified high net worth individuals, institutional investors, and family offices access to unique investment opportunities through an array of asset classes.  Drift’s core principles are reflected in their due diligence, investment selection, diversification within unique asset classes and risk mitigation techniques.  Drift's principals coinvest in every fund offering ensuring that Drift's interests are always aligned with investors.

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