Enova Increases Funding Capacity By $550 Million With Recent Transactions
Jul 05, 2022•about 3 years ago
Description
Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and artificial intelligence, announced today that during June the company closed $550 million of additional funding capacity. A new two-year $420 million small business securitization warehouse with two new bank lenders was priced at 271 basis points over the applicable base index and will support funding small business customer demand.