Direct-Link Holding Group LLC announced that it has completed a transaction in which M&F Business Credit Inc. will provide an acquisition line of credit to the company for $5 million.
“This new line of credit provides us with additional resources to maintain our current and future growth strategy,” said James Mackenzie, president of Direct-Link.
Direct-Link Holding Group is a Pacific Palisades, Calif.-based limited liability insurance agency specializing in identifying and acquiring commercial and personal insurance portfolios and stand-alone insurance agencies throughout the United States
M&F Business Credit Inc., headquartered in Memphis, Tenn., provides asset-based lending for small and medium sized companies.
Direct-Link Holding Group has offices located in Novato, Concord, Sacramento and La Quinta, Calif., as well as in Toronto, Ontario and Vancouver, British Columbia.
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