CrowdOut Capital Provides $30 Million Credit Facility to Support Personiv’s Growth

AUSTIN, Texas–(Business Wire)–CrowdOut Capital LLC, a pioneering non-bank private lender for middle market companies, today announced the completion of a $30 million credit facility to Personiv. The borrower is a leading business process outsourcer that employs over 2,500 employees in 3 different countries. Proceeds from the loan will be used to provide additional liquidity for future acquisitions, organic growth and recapitalize the company. This marks the second loan CrowdOut has provided to Personiv in just over a year.

“CrowdOut offered the flexibility and support we needed to expand quickly and acquire complementary assets,” said David Lesniak, CEO of Personiv. “Their collaborative approach to underwriting has been integral to accommodating our explosive growth.”

“High growth companies like Personiv seek out non-bank financing solutions like ours because they need flexibility,” said Alexander Schoenbaum, CEO of CrowdOut Capital. “Our expedited due diligence and streamlined approach to underwriting loans is a unique value proposition over banks and traditional credit funds. Our 1 to 4 year term loans offer cost-savings to borrowers and strong ROI for investors.”

Founded in 2015, CrowdOut is the first and only company in the market using a web-based platform to offer individuals the opportunity to invest as little as $25,000 directly into corporate loans that range from $3 million to $50 million in size. Companies rely on CrowdOut to help reduce lending costs by streamlining the underwriting process and drastically reducing fees, which is in stark contrast to traditional financial institutions and other non-bank lenders. CrowdOut’s underwriting includes extensive due diligence to ensure they know the company inside and out.

About Personiv

Personiv provides quality outsourced services to companies around the world by developing key processes and systems designed to save time and money. From customer engagement to back office and recruiting to creative design, their teams of highly skilled talent stand ready to complete projects with quality and confidence, allowing customers to focus on goal-reaching strategic priorities. With more than 30 years of experience and sites in three countries, Personiv hires, trains and retains top talent to provide customized, global solutions. For more information, please visit

About CrowdOut

CrowdOut Capital is a private lending syndication platform that offers profitable, middle market companies a better way to raise capital. Its tech-enabled marketplace provides a solution for companies seeking non-bank lending while offering family offices, institutional and accredited investors the opportunity to invest in private debt on a deal-by-deal basis. CrowdOut has led more than $165 million in originations since inception.

To learn more, please visit

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