Endeavour closes $50 million credit facility with CoVenture

By Taylor Fox

New York, Sept. 15 – Endeavour Capital closed its $50 million credit facility with CoVenture to accelerate its growth strategy for financing U.S. federal government contractors, according to a news release.

Endeavour intends “to use this credit facility to expand aggressively,” said its chief executive officer, Chris Lay, in the release.

The credit facility was led by CoVenture's Credit Opportunities group.

Endeavour is an invoice factoring company supporting US Federal Government contractors, based in Seal Beach, Calif., and CoVenture is a New York-based asset manager.

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