Monroe capital announces $250 million forward flow purchase of consumer recreational vehicle and marine loans from source one financial services, llc

Chicago--(business wire)--monroe capital llc (“monroe”), on behalf of its investment funds, has announced it has established a partnership with source one financial services, llc (“source one”) to originate and purchase consumer recreational vehicle (“rv”) and marine loans. the initial pool is expected to be $250 million. monroe has secured a revolving credit facility with canadian imperial bank of commerce to finance such origination and purchase. the capital provided by the monroe partnership.
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