11:51 ETPacific Coast Alternatives Closes $4.25 Million Secured Lending Facility

prnewswire
2026.02.26 16:53
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Pacific Coast Alternatives (PCA), a private credit platform in Southern California, has closed a $4.25 million secured lending facility. This financing supports an independent private equity sponsor, secured by a diversified portfolio of private company interests across various industries. The facility, designed to provide liquidity while preserving equity ownership, addresses the needs of entrepreneurs and independent sponsors with significant wealth in illiquid investments. PCA aims to fill the gap in the market for tailored credit solutions for smaller borrowers, as traditional bank lending remains limited.