Altriarch & Revere Capital Partner to Close $30MM Senior Secured Facility
Charleston, S.C. - April 24, 2025 - Altriarch Asset Management (“Altriarch”) is pleased to announce a $30 million senior credit facility, provided in partnership with Revere Capital Management ("Revere Capital"), to support the acquisition of a rapidly growing provider of rent-to-own financing solutions based in the Midwest (the “Company”). The facility also includes a $20 million accordion feature that would expand the total commitment amount to $50 million.
Founded in the early 2000’s, the Company has established itself as a leader in the rent-to-own financing space, operating in more than 30 states nationwide. Over the past two decades, the Company has grown from three partners to a core team of over 20 employees dedicated to meeting the needs of its expanding customer base.
Altriarch and Revere Capital are proud to support the Company as it scales operations and continues its growth trajectory. The expanded facility is designed to equip the Company with the financial resources needed to innovate and invest in its future.
“We’re excited to join forces with Altriarch to deliver this expanded credit facility,” said Andy Cooney, Managing Director at Revere Capital. “By supporting their continued expansion, we’re helping them develop innovative solutions that align with the evolving needs of their customers.”
Danielle Brown, General Partner at Altriarch, added, “Our team is thrilled to back the Company’s long-term growth strategy. This facility represents a core position within our flagship Lender Finance strategy, and we fully support their mission to further strengthen their leadership in the rent-to-own financing sector.”
About Altriarch
Altriarch provides non-bank commercial lenders across the nation with streamlined access to tailored lender financing solutions. The Company’s extensive operational background empowers lenders by alleviating capital constraints, enhancing borrower relationships, and facilitating business expansion within the competitive landscape. With meticulously structured facilities that align with the precise cash flow requirements of borrowers, Altriarch is the trusted partner for lenders seeking capital to fuel business expansion. To learn more, visit altriarch.com.
About Revere Capital
Founded in 2006, Revere Capital is an institutional private credit manager with deep experience in specialty finance as well as in lower middle-market commercial real estate bridge lending. Its specialty finance team is focused on providing credit facilities to non-bank lenders and other originators of financial assets. To learn more, visit reverecapital.com.