Momnt, a fintech company specializing in real-time lending and payment solutions for businesses and consumers in the home-improvement sector, and Saluda Grade, an investment platform in emerging asset classes within the U.S. real estate sector, have closed an asset-backed revolving warehouse facility of up to $200 million from Macquarie Group. The facility will provide the joint venture with additional capacity to purchase Momnt-facilitated home improvement loans, enhancing U.S. homeowners’ access to home renovation financing. 

Momnt and Saluda Grade Joint Venture Closes $200 Million Warehouse Facility from Macquarie Group