Luke Powell Archives - Short Term Rentals

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Airbnb to undergo senior team reshuffle
Gorder to lead Airbnb.org as new executive director
Reapit and PayProp join forces, backed by investment
Canopy & Stars acquires Crown & Canopy
Sirreti and VUMO join forces to grow subscription offering

Paul Stevens 6th September 20226th September 2022 advances, cash flow, Coromandel Capital, credit facility, Derrick Barker, Luke Powell, Nectar

Nectar secures $25m credit facility to fund rental operators

US: Atlanta-based platform Nectar, which provides alternative cash flow financing to real estate entrepreneurs, has secured a $25 million senior secured credit facility from Coromandel Capital.