Maybe wrong but is this the PFGrowth  mentioned earlier ?Fin...

Maybe wrong but is this the PFGrowth  mentioned earlier ?

Fin Review article a while back.

Silicon Valley's Partners for Growth steps up in Australia

By Sarah Thompson,Anthony Macdonald and Joyce Moullakis07 Oct 2016 —

Silicon Valley-based Partners for Growth is close to finalising another local transaction as it sets up shop in Australia.

Street Talk can reveal the debt-solutions firm is putting the finishing touches on a financing deal in the local retail sector.

That will bring its transaction tally in Australia to 18.It comes as PFG establishes an office presence in Sydney with managing director Jason Georgatos relocating to Australia to spearhead regional efforts.

He has already hired former banker and Evolution Healthcare investment manager Karthi Sepulohniam, and plans to add further headcount over time.Partners for Growth is stepping up its Australian presence. Louie DouvisThe Australian push, which will also facilitate a ramping up in Asia, will see the firm target a string of local sectors, excluding property.

In February, this column revealed that PFG provided a $20 million loan for payday lender Nimble Money. It also provided a cash injection to cloud services company Employment Innovations and helped to fund hospital group Healthe Holdings in its early days.PFG finances small-and-medium companies and has deployed more than $100 million in capital here since 2007, according to sources.The firm focuses on lending to companies with annual revenue of $5 million to $75 million.

Sources said PFG so far had a low loss rate on investments, only losing money on one of its investments.

The risk profile of the loans may, however, be greater as PFG seeks to plug gaps left open by traditional banks. Large Australian banks often require personal property as collateral when they lend to small business owners.