Oportun Announces $306 Million Committed Warehouse Facility Extension
Oportun Financial (OPRT) GlobeNewswire News Room·2024-09-24 06:09
SAN CARLOS, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the closing of an amendment and extension to its long-term warehouse facility. Features of this facility include: $306 million total commitment Goldman Sachs as senior lender – and Jefferies, as mezzanine lender – both existing, longstanding lenders to Oportun A new two-year revolving period Collateralized by Oportun's unsecured and secured personal loan originations "T ...