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Bryant Park Capital Arranges $50 Million Senior Secured Credit Facility For A Consumer Lending Company

A consumer lending client (the “Company”) recently closed a $50 million senior secured credit facility with a $50 million accordion with an institutional lender. The Company provides flexible-term installment loans to underbanked consumers with limited access to traditional financing sources. Since inception, the Company has funded over $1 billion in principal across more than 1 million loans.

The Company engaged Bryant Park Capital (“BPC”) as its exclusive financial advisor to structure and negotiate its credit facility during a period of relative uncertainty across a shifting regulatory landscape. BPC worked closely with the Company to prepare marketing materials, produce various data analytics and financial models, and drive a competitive process by procuring numerous term sheets from opportunistic creditors.