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.
Was this article valuable?
Here are more articles you may enjoy.
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud 
