FastPay is an online lender and credit provider for digital businesses in the US and UK; the company has partnered with Hitachi Capital America Corp. for a new FastPay for Enterprise product; the new product will provide working capital loans of $10 million or more to digital media enterprises. Source
FastPay and Tennenbaum Capital partnered to provide an $80 million credit facility to leading global converged TV and video software provider Videology; Scott Ferber of Videology explains: "The facility provides the additional liquidity we need to expand our business further and faster — so important in such a quick moving, high growth space. We are fortunate to be working with this great team."; having FastPay and Tennenbaum partner to provide the financing allowed for the facility to occur with unprecedented speed and efficiency. Source