$180MM ($160MM debt, $20MM equity) raise for a Sub-Prime Consumer Lending Platform

$180MM ($160MM debt, $20MM equity) raise for a Sub-Prime Consumer Lending Platform

This Company’s equipment and internet platform allows “big box” retailers to provide subprime consumers the opportunity to directly finance retail purchases at the retailer’s point of sale. The Company’s platform has an open end lease structure, a proprietary technology that generates available credit advances and fraud alerts and an infrastructure to monitor, collect and report on portfolio performance.