X1 Capital forms subsidiary CBT SF LLC, signs $15M credit facility with Woodforest Bank for SBA/USDA loans

X1 Capital Inc.

Formed new subsidiary CBT SF LLC to acquire participating interests in government-guaranteed portions of SBA and USDA loans.
Signed credit agreement with Woodforest Bank for up to $15M in debt financing for bridge loans and loan purchases.
CBT raised non-debt, third-party financing on a loan-by-loan basis to purchase loan participations.

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