Lenders Funding LLC Secures a Senior Secured Line of Credit from California Bank & Trust

Coronado, CA. May 7, 2024 – California Bank & Trust, a division of Zions Bancorporation,  N.A., an $87 billion premier financial services company has provided Lenders Funding LLC a  senior secured line of credit which will allow Lenders Funding to continuing to offer a wide  range of participations, lines of credit and warehouse lines to factors, asset-based lenders and  specialty finance companies.  

With Founder and President Bob Zadek and Chief Operating Officer John Benkovich as its sole  decision makers, Lenders Funding is able to respond quickly with tailored solutions to its clients’  credit and capital needs. 

“We listen to, we understand and we support our borrowers and clients. We customize  everything. Documents, terms, and rates are all designed around what our counterparties need,  not around our convenience,” says Zadek. “Our clients interact only with decision-makers, not  with intermediaries. Our strength is that we see transactions which other lenders overlook.” 

A practicing attorney with 56 years of factoring and secured lending experience, Zadek founded  Lenders Funding in 2000. Lenders Funding has worked with over 150 lenders and factors  providing a private funding and risk sharing source to allow them to grow or take on larger  transactions. In addition to participating in their transactions or providing working capital,  Lenders Funding makes direct loans on real estate, machinery and equipment and accounts  receivable. 

About Lenders Funding LLC 

Lenders Funding is a private funding and risk sharing source for factors and asset-based lenders.  Its management offers over 100 years of collective asset based lending and factoring experience.  It purchases participations in their transactions on a non-recourse basis, or provides working  capital to them under a variety of flexible programs. Visit lendersfunding.com.

Media Contact

John Benkovich, Chief Operating Officer and Chief Credit Officer 

Jbenkovich@lendersfunding.com  

716-601-8681