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SELECTED TRANSACTION DETAILS
Victory Park Capital Increases Elevate’s Credit Facility to $545MM
Wednesday, July 27, 2016

Lenders/Participants Victory Park Capital [Lender]
Structure $100MM Credit Facility Increase
Amount $545.000 Million
Borrower(s) Elevate
Description Elevate increased its credit facility with Victory Park Capital (VPC) by an additional $100 million to a total of $545 million. The company will use the additional capital to support the rapid growth of its credit products in the U.S. and U.K. and for further investment in its suite of online credit solutions. Transaction details not disclosed.
Industry Lender Finance
Related Tags Victory Park Capital




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