Newswire iconNewswireSep 16, 2026 ~2 min source read

Viva Capital Funding Extends and Upsizes Corporate Note to $35.5 Million

Viva Capital Funding expanded an existing investment-grade corporate note to $35.5 million to refinance debt and support business growth; institutional investors participated and Brean Capital acted as placement agent.

Viva Capital Funding Extends and Upsizes Investment-Grade Corporate Note to $35.5 Million

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Useful takeaways from this story.

Deal broadens Viva’s maturity profile and increases financing capacity while keeping the company’s balance sheet structure intact.

Brean Capital served as exclusive financial advisor and sole placement agent for the transaction.

What happened

Viva Capital Funding, LLC announced it has successfully extended and increased the size of an investment-grade corporate note to $35.5 million. The company said the proceeds will be used to refinance existing debt and to support additional growth across its business.

Who is Viva Capital Funding

Viva is a specialty finance company headquartered in El Paso, Texas. The firm was founded in 1999 and offers factoring, reverse factoring and trailer leasing services (another description in the company materials references land banking services as well). Since 2018, Viva reports it has provided more than $2.5 billion in capital to companies across a variety of U.S. industries.

Why the transaction matters to Viva

Viva's management framed the transaction as both a funding and balance-sheet action. President Greg DiDonna said the timing supports expansion across new and existing product lines and that institutional investor participation reflects strength in those relationships. Michael Marshall, Viva's director of finance, said completing the deal lengthens the company's maturity profile and adds incremental capacity suited to the current business mix while maintaining a disciplined, structured balance sheet.

Who helped with the deal

Brean Capital, LLC served as Viva's exclusive financial advisor and sole placement agent for the transaction.

Uses of proceeds

Viva stated the proceeds will be allocated to refinance existing debt and to back growth initiatives. The company did not disclose detailed allocations between refinancing and new investments in the release.

What this means for stakeholders

  • Lenders and institutional investors: The upsized note signals continued access to institutional capital for Viva.\
  • Clients and counterparties: Refinancing existing debt can reduce near-term financing pressure and support continuity of services such as factoring and reverse factoring.\
  • Investors in Viva's paper: Extension of maturity and larger capacity can reduce rollover risk, depending on the note's new terms.

Remaining information gaps

The announcement does not include the note's interest rate, specific maturity date after the extension, covenants, or the identity of the institutional investors who increased their participation.

Bottom line

Viva Capital Funding increased liquidity and extended its funding horizon with a $35.5 million investment-grade corporate note. The company intends to use the funds for debt refinancing and to support growth across its financing products, with Brean Capital advising and placing the transaction.

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