Alt credit firm backs consumer loan company

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 . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!