Source: Fortegra Blog

Fortegra Blog Fortegra Financial Corporation Announces $200 Million Senior Secured Credit Facility

JACKSONVILLE, Fla. -- August 11, 2020 -- Fortegra Financial Corporation (“Fortegra”), a leading specialty insurer and subsidiary of Tiptree Inc. (“Tiptree”), announced today that it closed on a $200 million Senior Secured Credit Facility from a syndicate of banks led by Fifth Third Bank, N.A.. The entire amount is immediately available for letters of credit, with any remaining portion of the facility available for working capital.

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Richard S. Kahlbaugh's photo - President & CEO of Fortegra

President & CEO

Richard S. Kahlbaugh

CEO Approval Rating

90/100

Fortegra is an insurance brokerage firm that provides credit insurance and debt protection services for individuals and businesses. Read more