Atalaya Capital Management closed a $100 million senior secured revolving credit facility to CURO Group Holdings Corp., increasing the firm's borrowing capacity to up to $200 million over time.
“Given recent events, there is likely to be an acute need for flexible credit across the consumer spectrum,” said Justin Burns, a managing director for Atalaya Capital Management. “We think that CURO is a best-in-class platform with a proven ability to step up in recessionary environments and support consumers when banks and other traditional sources of credit naturally retrench.”
CURO serves underbanked consumers . . .
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