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Cross River raises revolving credit facility with Upgrade to $250M
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Cross River raises revolving credit facility with Upgrade to $250M
Cross River Bank, a Fort Lee-based technology infrastructure provider that offers embedded financial solutions, announced that it has lifted its existing revolving credit facility with Upgrade Inc. of San Francisco to $250 million from $150 million. The facility, structured by Cross River’s Principal Finance Group, is secured by personal credit line assets. This facility upsize represents the latest milestone in a multi-year partnership between …
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