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Cadence Business Finance Commits $25 Million to Equify Financial

ATLANTA, July 14, 2021 – Cadence Business Finance today announced it has committed $25 million as part of a lender finance revolver to Equify Financial, a privately owned, independent specialty finance company based in Fort Worth, Texas. This capital allows Equify Financial to continue to fund growth for companies, strengthening their businesses through customized lending solutions.

Equify Financial offers equipment financing, debt restructuring and equipment loans to the transportation, construction, oil and gas, manufacturing, and agricultural industries. The company has assisted more than 300 borrowers over the past 10 years, building strong relationships as a recurring capital source.

“Cadence Business Finance was one of the new lenders to join the bank group with Texas Capital,” said Norb Schmidt, executive vice president and director of capital finance at Cadence Business Finance. “This additional liquidity helps build a strong future for Equify Financial and its clients.”

To learn more about Cadence Business Finance, visit www.cadencebusinessfinance.com. For more on Equify Financial, visit www.equifyfinancial.com.

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About Cadence Business Finance 
 
Cadence Business Finance (CBF) provides creative asset-based lending and specialty finance solutions to meet the strategic and financial objectives of performing middle-market businesses. CBF also lends to specialty finance companies that make asset-based or asset-backed loans to U.S. businesses. Its experienced team of relationship-oriented advisors are experts at providing flexible financing structures and thoughtful in understanding the challenges of its clients, both now and throughout their lifecycle.

Cadence Business Finance is a division of Cadence Bank, N.A., Member FDIC. Equal Opportunity Lender.
 



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