Source One, ECN Capital's Subsidiary, Partners with Monroe Capital for $250 Million RV and Marine Loan Expansion

Reuters
05-20
Source One, ECN Capital's Subsidiary, Partners with Monroe Capital for $250 Million RV and Marine Loan Expansion

Source One, a subsidiary of ECN Capital Corp., has solidified its position as a leading financial services provider in the U.S. RV and marine financing industry. Operating since 1999, Source One has built an extensive network of dealer relationships across the country. Recently, Source One entered a partnership with Monroe Capital to originate and purchase $250 million in consumer RV and marine loans. This collaboration aims to diversify and expand funding for Source One's assets, leveraging Monroe's asset-backed finance expertise. With this partnership, Source One will continue to drive growth in high-quality consumer loans, supported by Monroe's secure revolving credit facility with the Canadian Imperial Bank of Commerce.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ECN Capital Corp published the original content used to generate this news brief via Business Wire (Ref. ID: 20250520777390) on May 20, 2025, and is solely responsible for the information contained therein.

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