Business
Oportun Closes $187.5 Million Committed Warehouse Facility
Increases total committed warehouse capacity to $954 MillionSAN CARLOS, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the closing of a new warehouse facility. Features of this facility include: $187.5 million total commitmentNatixis Corporate & Investment Banking, as senior lenderNeuberger Berman, on behalf of client funds, as mezzanine lenderTwo-year revolving periodCollateralization by Oportun’s unsecured and sec
About this update from Oportun Financial Corporation
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