- SLR Digital Finance Provides $500,000 Credit Facility for AI Ad Tech Company
- Gordon Brothers Welcomes Nick Kitchin as Managing Director
- First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building
- SLR Healthcare ABL Provides $9 Million Asset-Based Revolving Line of Credit to a Nursing Home Operator
- MidFirst Business Credit Announces New Lending Relationship with LDC Stone, Inc.
Sezzle Secures US$100 Million Debt Funding Facility to Grow Business
December 2, 2019
Source: Kalkine Media
Sezzle Inc (ASX: SZL) has secured a US$100 million debt funding facility with a syndicate of lenders, which is more than triple the size of the company’s prior credit facility of US$30 million. The three members of the syndicate are:
Atalaya Capital Management
Bastion Consumer Lending
Hudson Cove Capital Management
These three credit providers are asset management firms that specialise in consumer lending and alternative credit.
The new US$100 million credit facility would support Sezzle to aggressively grow its business.
In This Section