Rivonia Road Capital Provides $50 Million Credit Facility to Insurance Commission Advance Provider

SANTA MONICA, Calif.--(BUSINESS WIRE)--Rivonia Road Capital LLC (“Rivonia”) is pleased to announce the closing of a $50 million senior secured revolving credit facility for a leading provider of commission advance financing to accident and health (“A&H”) insurance agencies (the “Company”). The capital was used to refinance the Company’s existing debt and will fund future growth of the Company’s agency network. By extending timely funding solutions to its insurance agency partners, the Company helps them maintain healthy cash flows, facilitating their growth and competitiveness in the specialized A&H market.

“We are thrilled to support our new partner, one of the leading insurance commission finance companies, and expand Rivonia’s presence in the insurance lending markets,” said Brad Smiedt, Co-Founder and Managing Partner of Rivonia Road Capital. “Our goal is to provide flexible and efficient debt capital so businesses can seize opportunities in growing segments of the economy. We look forward to helping our new partner deliver more value to A&H insurance agencies across the country.”

This strategic collaboration underscores Rivonia’s commitment to providing asset-based funding to differentiated financial services platforms, where forward-looking, stable capital is a crucial growth driver. By empowering companies that facilitate faster commission payments to insurance professionals, Rivonia promotes growth within the entire ecosystem, elevating service quality and long-term value for policyholders.

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 specialty finance and asset-based lending markets. Founded in 2017 and headquartered in Santa Monica, CA, the firm has an active debt and equity investment portfolio across the consumer, commercial, and real estate lending markets. For more information, go to www.rivoniaroad.com.