PrimeRevenue, Inc., the leading provider of working capital financial technology solutions, announces a new alliance with BankUnited, NA.

"This is a major milestone in the sub-investment-grade funder space," said Dominic Capolongo, PrimeRevenue's EVP, Global Head of Funding. "We are very excited to welcome BankUnited to our multi-funder family, which further positions us to offer additional funding opportunities for non-rated and sub-investment-grade companies."

BankUnited will begin funding both drafts and accounts receivables programs on PrimeRevenue's supply chain finance network in the mid-market buyers' supply chain finance solution.

The addition of BankUnited to PrimeRevenue's ecosystem of funding partners will generate significant growth and expansion opportunities for mid-market, non-rated and sub-investment-grade buyers and suppliers with programs on PrimeRevenue's network.

"We are extremely excited about our new relationship with PrimeRevenue, both to add to our own asset portfolio as well as to enable growing companies to optimize their working capital to invest in their future," said Thomas M. Cornish, Chief Operating Officer of BankUnited.

This new alliance is one of several in 2018 as PrimeRevenue continues to grow and diversify its pool of funding sources. With plans to continue adding new regional and community banks to the platform, PrimeRevenue will have more than 70 funders available to fund supply chain finance programs in 2019.