Behalf Secures $150M Debt Financing and Raised Additional Amounts in Equity Represented by Shenhav & Co.
Behalf, a NYC-based provider of working capital solutions for small and medium-sized businesses, secured $150m in debt financing.
The round was led by a private investment fund managed by Soros Fund Management, with participation from Viola Credit. An equity investment was also made by the Soros Fund Management and Viola Credit, in the issuance of Series C-1 Preferred Shares.
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