MoneyLion, Inc. ("MoneyLion") is an emerging consumer finance company focused on building next generation responsible credit products that reduce the risk of borrowing for its customers. Northern is pleased to announce the closing of a senior secured credit facility with an alternative lender to the specialty finance sector.
Bryant Park Capital, LLC ("BPC") acted as financial advisor to and placement agent for MoneyLion in connection with this transaction. The terms of the transaction were not disclosed. The new credit facility enables MoneyLion to grow its balance sheet with institutional capital.
“As a former investment banker, I have an intimate understanding of the process involved with marketing and closing a deal of this size. Bryant Park exceeded every expectation and developed a deep understanding of our business to secure the best possible terms for our desired outcome. I felt that Bryant Park represented our best interests at every step in the process and I firmly recommend their services to any executive or entrepreneur.”