OPFI - OppFi upsizes credit facility with affiliates of Atalaya Capital Management to $200M

OppFi (NYSE:OPFI) doubles one of its existing credit facilities with affiliates of Atalaya Capital Management form $75M to $200M. The expanded commitment, together with an extended three-year maturity, will be utilized to further fund receivables growth, as well as to refinance existing debt under one of the company’s other credit facilities. “We have been experiencing record consumer demand and opportunistically expanded our funding capacity to support our focus on profitable growth,” said Todd Schwartz, CEO and Executive Chairman. Press Release

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OppFi upsizes credit facility with affiliates of Atalaya Capital Management to $200M