OnDeck Announces $100 Million Revolving Credit Facility Closing

April 24, 2018 @ 11:50 am By Samantha Hurst |

Online lending platform for small business OnDeck announced last week the closing of a $100 million asset-backed revolving credit facility with Pioneers Gate LLC, a lending vehicle of a life insurance company managed by 20 Gates Management. According to OnDeck, the new facility provides the longest revolving funding… Read More

Kabbage Announces New $200 Million Asset-Backed Revolving Credit Facility With Global Financial Institution Credit Suisse

November 17, 2017 @ 3:39 pm By Samantha Hurst |

Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced on Thursday its new $200 million asset-backed revolving credit facility with Credit Suisse, a global financial institution. This news comes less than a month after Kabbage announced it and ING were extending… Read More

Read more in: Fintech, Global | Tagged credit suisse, deepesh jain, facility, kabbage