Hana Financial Obtains a New Revolving Line of Credit for Its Factoring Credit Facility

LOS ANGELES–(BUSINESS WIRE)–Hana Financial, Inc., one of the largest non-bank specialty commercial lenders in the nation, announced today that it has increased the size of its factoring credit facility with a revolving line of credit from Bank Leumi USA. It is a follow-on offering of the A1 and the B1 revolving tranches from the recently announced $100 million factoring credit facility through an issuance of the Series 2017-1 Factoring Contract Backed Notes on June 26, 2017 by Hana Financial SPV I, LLC.

Contacts:

Sunnie Kim

President and CEO

Hana Financial, Inc.