Location: New York, NY

Investment Year: 2018

Website: www.thecreditjunction.com

Business Description

The Credit Junction (TCJ) is a technology-enabled commercial lender with a proprietary portfolio monitoring solution.  The commercial lending platform provides asset-backed loans to growth-oriented private companies.  TCJ has also developed a unique, proprietary portfolio monitoring solution that provides lenders with detailed insight into the financial health of the borrower.

Investment Thesis 

The lending market for small and medium size businesses (“SMBs”) continues to grow but remains largely underserved by banks and traditional ABL lenders.  TCJ provides high-growth SMBs with cost efficient, flexible capital solutions that offer the ability for near real-time advances/up-sizings. Furthermore, the technology landscape has historically been focused on loan origination and workflow management, with no competitor of scale focused on collateral monitoring.

Century Value Add

  i.  Support commercialization of the technology business
ii.  Facilitate introductions to potential clients and partners
iii.  Capital resources to drive loan volume