On Sept. 9, 2021, funds managed by the Credit Group of Kramer Levin client Ares Management Corporation (Ares) announced that it has provided a $100 million credit facility to Nuula, a small business focused fintech company. The funding by Ares is in addition to up $20 million in new equity funding by Edison Partners. The $120 million in new funding will be in support of the Nuula mobile app.