Tagged: credit facility

February 6, 2026 @ 2:35 am By Omar Faridi  |  

Cross River Bank has announced the provision of a $100 million revolving credit facility to an investment entity overseen by MidOcean Partners. This arrangement is collateralized by home equity investment agreements sourced from Point Digital Finance, marking a step forward in financing for residential assets…. Read More

January 30, 2026 @ 11:33 am By Omar Faridi  |  

In a new development for the proptech sector, Miami-based Propy has secured a $100 million credit facility to accelerate its mission of overhauling the traditional real estate closing process. The funding, led by Metropolitan Partners Group, marks the company’s first foray into the private credit… Read More

December 20, 2025 @ 12:17 am By Omar Faridi  |  

Tikehau Capital, the global alternative asset manager, announces it has successfully renewed and upsized its Revolving Credit Facility (RCF) from €800 million “to €1.15 billion, exceeding the original €1 billion target.” This new facility was reportedly oversubscribed by a pool of “15 banks spanning Europe,… Read More

October 20, 2025 @ 2:04 am By Omar Faridi  |  

Creditstar Group, a European fintech providing digital consumer credit in eight markets and fixed-return investment product in 31 countries, has secured an additional $10 million funding facility from Singapore-based Kilde, reportedly increasing the total to $20 million. The capital injection reflects continued institutional confidence in… Read More

September 11, 2025 @ 5:39 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it extended a $150 million senior secured revolving credit facility to Activehours, Inc. d/b/a EarnIn, an earnings management company. The facility, structured by Cross River’s Principal Finance Group (PFG), delivers scalable, cost-effective… Read More

June 23, 2025 @ 1:00 am By Omar Faridi  |  

Funding Circle (LSE: FCH), the UK’s SME finance platform, secured a £230 million credit facility from Citi, that the firm will deploy to support its continued strong growth in flexible SME finance solutions. Funding Circle will use the credit facility to “support the continued strong… Read More

June 4, 2025 @ 6:17 am By Omar Faridi  |  

VOX Funding, a provider of flexible financing options for U.S. businesses, today announced closing a $150 million credit facility with Raven Capital, a New York-based investment firm specializing in asset-based direct lending. To date, VOX has reportedly funded more than $750 million through its platform…. Read More

May 24, 2025 @ 10:34 am By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry service provider focused on vertically integrated Bitcoin mining, is pleased to announce that it has successfully upsized its existing $100 million credit facility to a total commitment of up to $200 million with Coinbase Credit, Inc., a subsidiary… Read More

April 24, 2025 @ 10:13 am By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), a firm focused on vertically integrated Bitcoin mining, is pleased to announce that it has entered into a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). Under the terms of the credit… Read More

April 20, 2025 @ 7:51 am By Omar Faridi  |  

Pathlight Capital LP announced it is serving as the Administrative Agent on a $210,000,000 senior secured credit facility for Spring Venture Group, LLC (SVG), one of the omnichannel distributors of Medicare Advantage, and Medicare Supplement distributors. As part of the facility, Pathlight underwrote and “provided a… Read More

April 8, 2025 @ 10:16 pm By Omar Faridi  |  

Shawbrook has provided an eight-figure revolving credit facility to bridging lender Bluecroft Finance, supporting the company’s expansion as it continues to grow its presence in the UK lending market. The revolving credit facility includes an accordion feature that “allows for a potential 50% expansion, offering… Read More

July 28, 2024 @ 4:40 pm By Omar Faridi  |  

VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in Pakistan, has secured the country’s largest long-term private sector syndicated credit facility of up to PKR 75 billion (c. USD 270… Read More

June 28, 2024 @ 8:33 am By Omar Faridi  |  

CaixaBank claims that is the only Spanish bank participating in the Ferrovie dello Stato Italiane S.p.A. (FS)’s new committed and revolving credit facility signed “with a syndicate of nine banks and financial institutions for a total amount of up to €3.5 billion with a three-year… Read More

February 8, 2024 @ 3:04 pm By Omar Faridi  |  

Pagaya Technologies LTD. (NASDAQ: PGY), a company offering AI-driven solutions for financial services, announced the closing of a credit facility with participation from Funds and Accounts managed by BlackRock U.S. Private Capital, UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank. The facility, which… Read More

December 19, 2023 @ 8:34 am By Omar Faridi  |  

SellersFi, a global financial technology startup, closed a new US credit facility with Citi and independent asset manager Fasanara Capital for $135MM with the potential to grow up to $300M as SellersFi expands. The senior capital is provided “by Citi with a portion from Fasanara… Read More

November 12, 2023 @ 9:07 pm By Omar Faridi  |  

Rand Merchant Bank (RMB) and Westbrooke Alternative Asset Management UK Limited are pleased to announce the completion of a £25m credit facility to Westbrooke Yield Plus Plc. This strategic move has opened new doors for the Fund, “offering a broader spectrum of opportunities, more effective… Read More

August 17, 2023 @ 8:28 am By Omar Faridi  |  

Klar, S.A. de C.V., the Mexico City-based digital financial services platform, announced that it has secured a $100 million credit facility from Victory Park Capital (VPC), a global alternative investment firm specializing in private credit. The financial support from VPC will aim to “propel Klar… Read More

August 10, 2023 @ 8:40 am By Omar Faridi  |  

Global fintech company SumUp announced that it has entered into a US$100 million credit facility with Victory Park Capital (VPC), a global alternative investment firm specialising in private credit. The credit facility will enable SumUp “to provide advance payments to merchants based in the UK… Read More

July 24, 2023 @ 12:34 am By Omar Faridi  |  

Kuflink Group PLC has reportedly entered a £35 million debt facility that has recently been placed by European Risk Capital LLP (ERC) along with Paragon Bank. The revolving credit facility, which is now secured on a portfolio of bridging and development loans, reportedly offers Kuflink… Read More

May 18, 2023 @ 5:27 pm By Omar Faridi  |  

San Francisco-based financial technology firm, Cardless, Inc. announced a new debt deal with i80 Group, securing a three-year $75 million credit facility. The deal is a warehouse facility that will enable Cardless “to fund customer receivables, growth, and continue its work with large, globally recognized… Read More