The financing follows a recent Series B1 equity investment from existing institutional investors.
Tampa, FL – January 20, 2026 – HSP Group, a leading provider of software and services that support companies with global expansion, announced that it has secured a growth-oriented debt financing from Silicon Valley Bank, a division of First Citizens Bank. The facility is in conjunction with a recent follow-on equity investment from long-time backers Baird Capital and ABS Capital, as the company moves toward its next stage of expansion.
“This financing reflects continued support from our institutional investors, who know our business well, along with support from Silicon Valley Bank,” said Larry Harding, Founder and CEO of HSP Group. “It puts us in a strong position to focus on sales growth and expanding our reach in the technology industry and venture-backed market.”
The financing provides HSP Group with additional resources to execute on its ambitious plans. With its funding in place, the company is now focused on scaling its sales and marketing capabilities and finishing development of additional tools within its GateWay platform, helping growth-oriented companies efficiently manage their international operations in one place.
About HSP Group
HSP Group provides software and services that help companies manage international operations more easily. Its GateWay platform brings together tools for areas such as HR, payroll, and compliance, as well as managing local legal requirements in each country, reducing the need for separate systems and manual tracking. Headquartered in Tampa, Florida, HSP Group supports customers through a global network of experts in more than 100 countries. For more information, visit www.hsp.com.
