New York, NY — Alignment Credit exits the loan to Emergent Payments, Inc.
Emergent Payments (https://emergentpayments.net/) is an online payments company focusing on offering local payment methods in emerging markets to digital companies. The company is based in Palo Alto, California.
New York, NY — Alignment Credit exits the loan to Qumpus, Inc. (d/b/a Better World Books) as part of a sale to Internet Archive (https://www.researchinformation.info/news/better-world-books-affiliates-internet-archive)
Better World Books (https://www.BetterWorldBooks.com) is a for-profit socially conscious business and a global online bookseller that collects and sells new and used books online matching each purchase with a book donation, Book-for-Book™. Each sale generates funds for literacy and education initiatives in the UK, US, and around the world. Since its launch in 2003, Better World Books has raised more than $27 million for libraries and literacy, donated over 26 million books and reused or recycled over 313 million books.
New York, NY — Alignment Credit acted as lead arranger and administrative agent on the funding of $15.0 million asset-backed working capital facilities to support the growth plan for Emergent Payments, Inc.
Emergent Payments (https://emergentpayments.net/) is an online payments company focusing on offering local payment methods in emerging markets to digital companies. The company is based in Palo Alto, California.
New York, NY — Alignment Credit acted as lead arranger and administrative agent on the funding of senior credit facilities to support the growth plan for Apptricity, Inc.
Headquartered in Dallas, TX, Apptricity (https://www.apptricity.com/) is a provider of Internet of Things and SaaS solutions for Supply Chain and HR Spend Management. The company generates revenue through a combination of software license sales, custom hardware sales, maintenance fees and professional services provided to blue-chip enterprise and government clients, including AT&T, The U.S. Army, U.S. Courts, and Verizon.
