Heritage Global increases facility to $200 million, extends to 2025

By Marisa Wong

Los Angeles, Nov. 7 – Heritage Global Capital, a division of Heritage Global Inc., announced it increased its funding facility with its existing senior lender to $200 million from $80 million.

The amended facility, originally set to expire in 2022, has been extended to March 31, 2025, according to a press release.

The company said this extension will give it the capital suited to achieve its near-term goals.

Heritage Global is an asset services company based in San Diego.

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