Exponent Financial Secures $20 Million Revolving Credit Facility from Jovian Capital Management

The new credit facility will support Exponent's launch and scaling of fixed-rate small business loan products for franchise operators nationwide.

Feb. 3, 2026 at 3:47am

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Exponent Financial, Inc. has secured a senior secured revolving credit facility from Jovian Capital Management with total commitments of up to $20 million. The newly expanded facility will support Exponent's launch and scaling of fixed-rate small business loan products tailored to multi-unit franchise operators across the United States.

Why it matters

The credit facility will allow Exponent to responsibly scale its lending portfolio and expand its reach across the national franchise ecosystem, addressing a meaningful need within the franchise finance market.

The details

Exponent previously established credit facilities to support its issuance of business credit cards to franchise operators. The new $20 million revolving credit facility from Jovian Capital Management will enable Exponent to launch and scale its fixed-rate small business loan products for multi-unit franchise operators nationwide.

  • The credit facility was secured on February 3, 2026.

The players

Exponent Financial, Inc.

A technology-driven lender and financial management platform serving franchise operators and independent brands nationwide. The company provides charge cards, commercial loans, and AI-powered CFO tools.

Jovian Capital Management

A privately held alternative investment advisory firm that focuses on making private credit and special situations investments primarily in lower middle markets and early stage financial technology companies.

Sohel Roopani

Chief Executive Officer of Exponent Financial.

Nick Acimovic

Managing Partner at Jovian Capital Management.

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What they’re saying

“Franchise operators manage complex, multi-unit businesses across diverse brands. They see real value in being underwritten and supported at the entity level with a full understanding of their operations.”

— Sohel Roopani, Chief Executive Officer, Exponent Financial (PRNewswire)

“Exponent has assembled a strong team addressing a meaningful need within the franchise finance market. We are pleased to support their next phase of growth and believe this partnership positions the company well for continued expansion.”

— Nick Acimovic, Managing Partner, Jovian Capital Management (PRNewswire)

What’s next

Exponent Financial plans to use the new credit facility to launch and scale its fixed-rate small business loan products for multi-unit franchise operators across the United States.

The takeaway

This credit facility from Jovian Capital Management will enable Exponent Financial to responsibly expand its lending portfolio and reach within the franchise finance market, addressing a key need for multi-unit franchise operators seeking tailored financial solutions and support.