Flock Financial, LLC, (Flock), a leading financing partner to middle market receivables management and consumer finance companies active in the purchase, sale, and collection of performing and nonperforming receivable assets, announced recently that various investment funds affiliated with PennantPark Investment Advisers, LLC (PennantPark) have invested US$25m in the company. Flock’s existing lenders have also reaffirmed their commitment to the business by providing additional borrowing flexibility and extending maturity.
