Search Results for: credit facility

CURO Closes $425 Million Facility
Finance News

CURO Completes Acquisition of First Heritage Credit and Adds Funding Capacity

Fintech News Desk
by Fintech News Desk0
CURO Group Holdings Corp. a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that it has completed its previously announced acquisition of First Heritage Credit (“FHC”), a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other......
Wirex Launches Crypto-Backed Credit
Cryptocurrency Digital Payments News

Wirex Launches Crypto-Backed Credit

Fintech News Desk
by Fintech News Desk0
Wirex, the leading payments platform, has launched Wirex Credit, offering highly competitive interest rates and no origination fee for crypto-backed loans. Users can easily borrow up to $100,000 in stablecoins, with a loan to value (LTV) of up to 80% within the Wirex app. Latest Fintech News: Gocardless to Acquire Open Banking Platform......
Credibly Announces Corporate Note Refinancing and New Asset-Backed Financing Facility
Finance News

Credibly Announces Corporate Note Refinancing and New Asset-Backed Financing Facility

Fintech News Desk
by Fintech News Desk0
In March 2022, Credibly continued its investment in growth, refinancing a maturing $10 million Corporate Note into a new five-year term. The Note received a one notch rating upgrade from Egan-Jones to “BBB”. Brean Capital served as the company’s exclusive financial advisor and sole placement agent in connection with the......
QuadFi Secures US $100 Million (CAD $127M) Financing Facility with Crayhill Capital Management
Finance Fintech News

QuadFi Secures US $100 Million (CAD $127M) Financing Facility with Crayhill Capital Management

Fintech News Desk
by Fintech News Desk0
QuadFi, a mission driven global fintech firm headquartered in Canada, announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager. The facility will be used by QuadFi to provide personal loans to people......
Greenbacker Secures $76 Million Credit Agreement With Fifth Third Bank and Pnc Capital Markets
Credit Bureaus News

Greenbacker Secures $76 Million Credit Agreement With Fifth Third Bank and PNC Capital Markets

Fintech News Desk
by Fintech News Desk0
Greenbacker Renewable Energy Company LLC, a leading owner and operator of sustainable infrastructure and energy efficiency projects, has entered into a senior credit agreement of $76.3 million with joint lead arrangers Fifth Third Bank, National Association, and PNC Capital Markets LLC. Morgan Stanley Renewables Inc. served as tax equity investor.......
Atlanta’s Capital on Tap Secures $200 Million Funding Facility to Fuel Continued Growth
Fintech Funding News

Atlanta’s Capital on Tap Secures $200 Million Funding Facility to Fuel Continued Growth

Fintech News Desk
by Fintech News Desk0
Capital on Tap has secured a $200m funding facility with HSBC and Värde Partners to support their continued US growth. Capital on Tap launched in 2012 and has provided access to over $5 billion of funding for more than 125,000 small and medium-sized businesses across the U.K. and U.S. Recognized by Forbes as one......
Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform
Artificial Intelligence News

Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform

Fintech News Desk
by Fintech News Desk0
Deployment of AI platform to bolster auto loans Leading global AI-powered credit decision platform provider Scienaptic AI announced that Arkansas Federal Credit Union has chosen its AI-based underwriting technology to improve the credit union’s loan decisioning process and make advanced decisions for community members. “We are excited to be part of this......
Zvilo Signs Terms to a €50 Million Debt Facility With a London-Based Fintech Fund
Lending News

Zvilo Signs Terms to a €50 Million Debt Facility With a London-Based Fintech Fund

Fintech News Desk
by Fintech News Desk0
New facility terms secured as Zvilo prepares to scale its SME supplier lending in the Balkans Credit-led challenger, Zvilo, has signed a term sheet for a new debt facility of up to €50m with a leading London-based alternative asset management company. Zvilo is transforming business lending in the Balkans by......
PRA Group Announces Refinancing of European Credit Facilities
Credit Bureaus News

PRA Group Announces Refinancing of European Credit Facilities

Fintech News Desk
by Fintech News Desk0
PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, announced that on April 1, 2022, it completed the refinancing of its European credit facilities. This refinancing includes a new $800 million UK credit facility and an amended and resized $750 million credit facility covering the rest of Europe, excluding the UK. ......
Comvest Credit Partners Announces Investment in Horsepower Financial
Finance News

Comvest Credit Partners Announces Investment in Horsepower Financial

Fintech News Desk
by Fintech News Desk0
Comvest Credit Partners, a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $40 million senior secured credit facility to Horsepower Financial, LLC, and its affiliates. Horsepower, a Lebanon, Ohio-based provider of consumer motorcycle leasing services, will use the Financing to fund......
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