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Oppfi Closes $150 Million Credit Facility

Oppfi Closes $150 Million Credit Facility

12/20/22, 10:51 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
Money raised
$150 million
Industry
lending
fintech
financial services
Investors
Hudson Cove Capital Management Llc
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced that subsidiaries of the Company have closed a $150 million credit facility with an affiliate of Castlelake L.P. ("Castlelake") as lender. Affiliates of Hudson Cove Capital Management LLC ("Hudson Cove") are also participating in the credit facility.

Company Info

Company
OppFi
Location
chicago, illinois, united states
Additional Info
OppFi (NYSE: OPFI) is a leading financial technology platform that powers banks to help the everyday consumer gain access to credit. Through its unwavering commitment to customer service, the Company supports consumers, who are turned away by mainstream options, to build better financial health. OppFi maintains a 4.6/5.0 star rating on Trustpilot with more than 3,500 reviews, making the Company one of the top consumer-rated financial platforms online, and an A+ rating from the Better Business Bureau (BBB).

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