Kalamata.com Closes Securitization of Up to $500 Million to Provide Financing for Small Businesses

BETHESDA, Md.--(BUSINESS WIRE)--Kalamata.com LLC (“Kalamata”), a leading online capital provider of fast, simple, and trusted financing options for small businesses, announced the closing of a successful securitization of a revolving portfolio of business advance receivables. The transaction, which closed on April 9, 2024, involved the issuance of two classes of notes initially totaling $80 million, and expandable up to $500 million. This milestone is a significant achievement for Kalamata, wit