Over the past months, Beyond Finance has entered two strategic partnerships to help sustain its long-term future growth. It takes partners to fulfill a mission to move people beyond debt. That’s why Pathlight Capital LP and Comvest Credit Partners announced their relationships with the debt help company.
Comvest, a leading provider of flexible direct financing solutions to middle-market companies, is acting as an Administrative Agent on a senior secured credit facility. Pathlight, a private credit investment manager dedicated to meeting the needs of organizations via asset-based loans, will be acting as the Documentation Agent for the Houston-based organization.
“Beyond Finance has built a strong, scalable platform to provide debt consolidation options for our clients. This new capital will further our mission to help even more clients regain control of their finances and provide customized solutions through their journey.”
Timothy Ho, CEO of Beyond Finance (via partner news release)
A Word from Our Sponsors
Both organizations expressed thoughts on their partnership with Beyond Finance and its focus on future growth, as shared in their news releases.
Pathlight is proud to support Beyond Finance as they continue to drive growth and expand its debt help platform. We look forward to a long-term partnership and are excited to watch the company grow and evolve.
Tyler Harrington, Managing Director of Pathlight Capital
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This transaction highlights our ability to provide versatile and tailored financing solutions that support the growth trajectories of specialty finance companies. We are thankful for Beyond Finance’s continued trust, as we have expanded our relationship with the company multiple times over the last three years.
This has enabled the leadership team to pursue key operational initiatives and significantly expand Beyond Finance’s reach to consumers in need of debt consolidation services.
Tim Kim, Managing Director at Comvest, Head of Specialty Finance Group
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The Future of Beyond Finance
What do these partnerships mean for both Accredited Debt Relief and Beyond Finance? Growth and the ability to reach more hard-working Americans overwhelmed with collection calls and financial stress. With that growth comes strides to improve its services, which have been acknowledged and awarded.
This past summer, Beyond Finance created a first-of-its-kind client mobile app to help navigate their journeys.
The development of this pioneering technology for clients enrolled in these services has been a trusted asset for the company. In July, more than 11,000 unique users used the application more than 200,000 times.
Among its recent achievements is another industry first – group counseling to help its clients improve their relationship with finances. Beyond Finance offers enrolled clients the opportunity to speak with these leading professionals in financial therapy free of charge. Dr. Erika Rasure and Nathan Astle, CFT, lead this crucial offering.
For more information, visit Beyond Finance and learn what they can do for you. Contact them today if you’re facing personal debt spiraling out of control and need long-term assistance.