Standard Premium Secures $115 Million Credit Agreement to Drive Continued Growth
Standard Premium Finance Holdings (OTCQX: SPFX) has secured a significant revolving credit facility worth up to $115 million, including a $75 million initial commitment and a $40 million accordion feature. The syndication is led by First Horizon Bank, with participation from Flagstar Bank and Cadence Bank.
The new facility more than doubles the company's previous $50 million credit line and offers a substantially lower interest rate. The agreement brings together three financial institutions with over $220 billion in combined assets, strengthening Standard Premium's ability to serve its growing client base and support strategic initiatives in premium financing solutions.
Standard Premium Finance Holdings (OTCQX: SPFX) ha assicurato una significativa linea di credito revolving fino a $115 milioni, includendo un impegno iniziale di $75 milioni e una funzione di accordion di $40 milioni. La sindacazione è guidata dalla First Horizon Bank, con la partecipazione della Flagstar Bank e della Cadence Bank.
La nuova facility più che raddoppia la precedente linea di credito di $50 milioni e propone un tasso di interesse notevolmente più basso. L’accordo riunisce tre istituzioni finanziarie con oltre $220 miliardi in assets combinati, rafforzando la capacità di Standard Premium di servire la sua crescente base di clienti e di supportare iniziative strategiche nelle soluzioni di finanziamento premium.
Standard Premium Finance Holdings (OTCQX: SPFX) ha asegurado una línea de crédito revolvente significativa de hasta $115 millones, incluyendo un compromiso inicial de $75 millones y una función de acordeón de $40 millones. La sindicación está liderada por First Horizon Bank, con la participación de Flagstar Bank y Cadence Bank.
La nueva facilidad supera con creces la anterior línea de crédito de $50 millones y ofrece una tasa de interés sustancialmente más baja. El acuerdo reúne a tres instituciones financieras con más de $220 mil millones en activos combinados, fortaleciendo la capacidad de Standard Premium para atender a su creciente base de clientes y respaldar iniciativas estratégicas en soluciones de financiamiento premium.
Standard Premium Finance Holdings (OTCQX: SPFX)는 최대 $115 백만에 이르는 상당한 회전 신용 한도를 확보했으며, 초기 약정액으로 $75 백만, 그리고 $40 백만의 아코디언(확장) 기능이 포함됩니다. 신디케이션은 First Horizon Bank가 주도하고 Flagstar Bank 및 Cadence Bank가 참여합니다.
새로운 시설은 회사의 이전 $50 백만 신용 한도를 두 배 이상으로 확대하고 훨씬 낮은 금리를 제공합니다. 이 계약은 합산 자산이 $2200억이 넘는 세 금융기관을 하나로 묶어 Standard Premium의 증가하는 고객 기반에 서비스를 제공하고 프리미엄 파이낸싱 솔루션의 전략적 이니셔티브를 지원합니다.
Standard Premium Finance Holdings (OTCQX: SPFX) a obtenu une ligne de crédit renouvelable importante pouvant atteindre $115 millions, comprenant un engagement initial de $75 millions et une fonction accordéon de $40 millions. La syndication est dirigée par First Horizon Bank, avec la participation de Flagstar Bank et Cadence Bank.
La nouvelle facilité dépasse largement l’ancienne ligne de crédit de $50 millions et propose un taux d’intérêt sensiblement plus bas. L’accord réunit trois institutions financières totalisant plus de $220 milliards d’actifs combinés, renforçant la capacité de Standard Premium à servir sa clientèle croissante et à soutenir les initiatives stratégiques dans les solutions de financement premium.
Standard Premium Finance Holdings (OTCQX: SPFX) hat eine signifikante revolvierende Kreditfazilität in Höhe von bis zu $115 Millionen gesichert, darunter eine anfängliche Verpflichtung von $75 Millionen und eine $40 Millionen Accordion-Funktion. Die Syndizierung wird von der First Horizon Bank geleitet, mit Beteiligung der Flagstar Bank und Cadence Bank.
Die neue Fazilität verdoppelt die frühere Kreditlinie von $50 Millionen deutlich und bietet einen deutlich niedrigeren Zinssatz. Die Vereinbarung vereint drei Finanzinstitute mit über $220 Milliarden an Vermögenswerten und stärkt die Fähigkeit von Standard Premium, seine wachsende Kundschaft zu bedienen und strategische Initiativen in Premium-Finanzierungslösungen zu unterstützen.
Standard Premium Finance Holdings (OTCQX: SPFX) نجح في تأمين تسهيل ائتماني دوّار كبير يصل إلى $115 مليون، بما في ذلك التزام ابتدائي قدره $75 مليون وميزة أكورديون بقيمة $40 مليون. تقود التسييل First Horizon Bank، بمشاركة Flagstar Bank وCadence Bank.
يغطي التسهيل الجديد أكثر من مضاعفة خط الائتمان السابق البالغ $50 مليون ويقدم معدل فائدة أقل بشكل كبير. تجمع الاتفاقية ثلاث مؤسسات مالية تمتلك أكثر من $220 مليار من الأصول المجمعة، مما يعزز قدرة Standard Premium على خدمة قاعدة عملائه المتزايدة ودعم المبادرات الاستراتيجية في حلول التمويل premium.
Standard Premium Finance Holdings (OTCQX: SPFX) 已获得一项显著的循环信贷额度，最高可达$115 million，其中初始承诺为$75 million，并包含一个$40 million 的手风琴式扩展功能。该银团由 First Horizon Bank 牵头，Flagstar Bank 和 Cadence Bank 参与。
新额度比公司此前的$50 million 信用额度翻了一番以上，并提供显著更低的利率。该协议汇聚了三家金融机构，合计资产超过$220 billion，加强 Standard Premium 为增长中的客户群提供服务的能力，并支持高端融资解决方案的战略举措。
- New credit facility more than doubles previous capacity from $50M to $115M
- Lower interest rate compared to prior agreements, leading to immediate cost savings
- Backing from three major financial institutions with $220B in combined assets
- Additional $40M accordion feature provides flexibility for future growth
- Increased debt load could impact financial leverage ratios
- Company taking on additional financial obligations amid market uncertainty
MIAMI, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced the closing of a revolving credit facility providing up to
“We are proud to expand our relationship with Standard Premium and welcome Flagstar and Cadence as participants in this agreement,” says Jack Perkins, vice president, First Horizon Bank.
The commitment strengthens Standard Premium’s ability to serve its growing client base while supporting strategic initiatives amid demand for flexible premium financing solutions. The new line of credit more than doubles the Company’s previous
“This syndicated credit facility positions Standard Premium for the next phase of growth as we invest in innovation and deliver value for our customers and stakeholders,” adds William Koppelmann, CEO, Standard Premium. “We are grateful to First Horizon, Flagstar and Cadence for establishing this credit facility, and we look forward to building on our relationship with them.”
This agreement underscores Standard Premium’s continued momentum, nationwide growth, financial strength and long-term value creation.
About Standard Premium Finance Holdings, Inc.
Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over
Cautionary Statement Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.
Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2025 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com.
Media:
Nicholas Turchiano
CPR Marketing
nturchiano@cpronline.com
201-641-1911x35
FAQ
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