Quantum Lending Solutions has closed a $400 million financing round that will accelerate the company’s expansion and strengthen its position as a key infrastructure provider for banks, marketplaces, and technology platforms seeking to extend responsible credit to small and medium-sized businesses. The new capital includes a $250 million warehouse line, additional corporate debt, and new equity. The round was led by a global asset-based private credit firm, with debt participation from ATLAS SP Partners and equity participation from LL Funds. Macquarie Capital served as advisor on the transaction.
The new financing provides Quantum with the resources to further scale its AI-powered lending platform, enabling financial institutions to make more accurate credit decisions and extend long-term funding to small business customers. The company has experienced substantial growth as demand from banks and technology platforms for modern, enterprise-grade lending infrastructure built for the AI era increases.
Quantum was created two years ago through the merger of Fundation, Camino Financial, and the SMB operations team from Amount. Since forming, the company has achieved several key milestones. It has raised more than $50 million in equity capital, doubled its originations while reducing losses by more than fifty percent, rebuilt its technology platform for AI-driven lending, onboarded more than 100 new partners, and tripled its lending capacity. The latest $400 million financing represents another step toward its goal of becoming the leading enterprise platform for SMB credit decisioning and lending.
Quantum’s technology combines advanced data science with a modern infrastructure stack, enabling its partners to deploy responsible, scalable credit programs. With demand for AI-enhanced credit products continuing to accelerate, the company is positioned to expand its footprint across financial institutions and platforms looking to provide more efficient, long-term financing to their business customers.
KEY QUOTES:
“Quantum has grown significantly in recent years as we expand to meet the demand of banks and technology platforms looking to extend responsible long-term credit to their customers. We see this trend accelerating as we launch our recently rebuilt AI-based platform into the market.”
Mickey Konson, CEO of Quantum
“LL Funds has long believed in Quantum’s vision and leadership. As both an equity investor and as Chairman of the Board, I’ve seen firsthand how the team has rebuilt the company for the AI era while delivering consistent growth. We’re excited to continue supporting their mission to provide banks and platforms with the infrastructure they need to serve their business customers responsibly and at scale.”
Raj Mundy, Partner at LL Funds and Chairman of the Board at Quantum
