RevlTek, a credit union service organization (CUSO) leveraging financial technology to originate, administer and purchase purpose-driven consumer loans, today announced it has secured a revolving line of credit from Texas Capital. The facility will support RevlTek’s continued growth and expand access to responsible, affordable lending solutions.
RevlTek works with a growing network of credit union partners across the country, providing scalable lending infrastructure, compliance, institutional liquidity and loan programs designed to meet evolving borrower needs while protecting the balance sheets of participating institutions.
“Texas Capital is outstanding to work with, and this line of credit represents a significant milestone in RevlTek’s growth strategy,” said Lance Teinert, Chairman of the Board for RevlTek. “This facility strengthens our ability to scale responsibly and diversify to include a broader range of consumer loans.”
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The new line of credit enhances RevlTek’s lending capacity to acquire home improvement loans under a forward purchase commitment with Upgrade, Inc.
“It has been a pleasure working alongside the RevlTek leadership team to structure a solution that supports their continued growth and mission,” said John Thomas, Managing Director, Head of Consumer Lender Finance. “Texas Capital remains committed to supporting clients with thoughtful, well designed financial strategies.”
This line of credit positions RevlTek to meet increasing demand for loan volume and further invest in technology, risk management, and partner support.
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