KMA II, LLC Closes $25M in Working Capital
KMA II, LLC (KMA), an Arizona-based dealflow channel and provider of ancillary services for banks, property investors, and homeowners in foreclosure situations, announced that, with the assistance of advisor Young America Capital, LLC (http://www.YACapital.com ), it has secured a $25-million senior, secured, working-capital credit facility with Wells Fargo Foothill.
PHOENIX, AZ (PRWEB) September 13, 2004 -- KMA II, LLC (KMA), an Arizona-based dealflow channel and provider of ancillary services for banks, property investors, and homeowners in foreclosure situations, announced that, with the assistance of advisor Young America Capital, LLC (http://www.YACapital.com ), it has secured a $25-million senior, secured, working-capital credit facility with Wells Fargo Foothill.
Young America Capital, LLC (YAC), which serves institutional investment managers and enterprises, provided strategic counsel to KMA in this transaction.
According to Gregg Reichman, founder of KMA, "Young America Capital played an integral role in securing this working capital for KMA (http://www.BuyAZforeclosures.com ). YAC's ability to connect us with Wells Fargo Foothill, considering the uniqueness of our business, was impressive."
Young America Capital, LLC provides strategic counsel to investment managers and enterprises, to facilitate profitable growth. To help its institutional clients, Young America Capital leverages strong relationships with banks, venture-capital and private-equity firms, fund-of-funds, gatekeepers, foundations, hedgefunds, corporations, and pension funds. For more information, visit www.YACapital.com .
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