Standard Premium Finance Holdings Secures $115 Million Syndicated Credit Facility Led by First Horizon Bank to Fuel Growth
Reuters
Sep 30, 2025
<a href="https://laohu8.com/S/SPFX">Standard Premium Finance</a> Holdings Secures $115 Million Syndicated Credit Facility Led by First Horizon Bank to Fuel Growth
**Standard Premium Finance Holdings Secures $115 Million Credit Facility** MIAMI, Sept. 30, 2025 - Standard Premium Finance Holdings Inc. (OTCQX: SPFX) has announced the closing of a new revolving credit facility totaling up to $115 million. The agreement includes an initial $75 million commitment, with an additional $40 million accordion feature. The syndicated facility is led by First Horizon Bank $(FHN)$, with participation from Flagstar Bank $(FLG)$ and Cadence Bank (NYSE: CADE). The new credit line, which carries a substantially lower interest rate than previous agreements, more than doubles Standard Premium's prior $50 million facility. The added capacity and cost savings are expected to support the company's nationwide growth, strategic initiatives, and ongoing innovation in premium financing solutions. Executives from Standard Premium and the participating banks highlighted the strengthened partnership and renewed commitment to long-term value creation for clients and stakeholders.
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