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SELECTED TRANSACTION DETAILS
Credit Suisse, Waterfall Asset Management Close $250MM Revolving Credit Facility for Sunbit
Tuesday, December 6, 2022

Lenders/Participants Credit Suisse AG [Lender]
Structure Revolving Credit Facility
Amount $250.000 Million
Borrower(s) Sunbit
Description The new debt facility further diversifies Sunbit’s financing sources and supports Sunbit’s continued growth in both POS loans and through the Sunbit Card. Sunbit will utilize the debt facility to continue scaling its nationwide merchant distribution network and serve the millions of Americans that need fair financial access to everyday needs, while maintaining industry-leading customer approval rates.
Industry Technology
Location CA
Related Tags Credit Suisse AG, Waterfall Asset Management




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