Rivonia Road Capital Provides Senior Credit Facility to Support Growth of Insurtech Platform
Rivonia Road Capital ("Rivonia") is pleased to announce the closing of a $50 million senior secured revolving credit facility supporting an established insurtech platform focused on acquiring rights to future insurance commission receivables.
The facility provides committed capital to finance the Company’s commission advance program, which offers upfront advances to independent insurance agencies in exchange for the rights to future insurance commissions generated through the sale of insurance products. The revolving warehouse structure is designed to support continued portfolio growth while providing a scalable financing solution backed by recurring commission receivables.
The transaction further expands Rivonia's portfolio of asset-backed credit investments across the consumer finance sector and underscores the firm's ability to structure financing solutions for growing specialty finance platforms.
About Rivonia Road Capital
Rivonia Road Capital is a global alternative asset manager that offers a unique combination of deep institutional investment experience with significant operating expertise in the alternative financing market to provide bespoke capital solutions to growing financial technology companies. Founded in 2017 and headquartered in Los Angeles, the firm has an active debt and equity investment portfolio in the consumer, commercial, and real estate lending markets. For more information, go to www.rivoniaroad.com.
