Tech Company Financing Transactions
Greater Commercial Lending Funding Round
Greater Commercial Lending, operating out of Reno, secured $10 million from RAW FARM.
Transaction Overview
Company Name
Announced On
3/22/2023
Transaction Type
Debt
Amount
$10,000,000
Round
Undisclosed
Investors
RAW FARM (Lead Investor)
Proceeds Purpose
The government-guaranteed funding secured by GCL will help us to continue to provide our fresh, raw milk dairy products to Californians. The pandemic had far-reaching, long-term effects on the operations of many farms around the country, directly impacting the food supply for Americans.
Company Information
Company Status
Private & Independent
Industry
GovTech
Mailing Address
5200 Neil Ln
Reno, NV 89502
USA
Reno, NV 89502
USA
Phone
Website
Email Address
Overview
Greater Commercial Lending (GCL) is a full-service Credit Union Service Organization (CUSO) for managing commercial loan programs, and an expansion of Greater Nevada Credit Union's (GNCU) nationally-recognized commercial services department. GCL provides lending services to businesses across the United States in sectors such as energy, community facilities, industrial, mining, commercial, and exports. The United States Department of Agriculture (USDA) named Greater Nevada Credit Union as its National Lender of the Year for 2016, 2017 and 2018, and the Small Business Administration (SBA) awarded GNCU the Community Credit Union Lender of the Year in Nevada in 2016.
Management Team
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