New York-based Atalaya Capital Management closed a new credit facility with LendingUSA, providing the point-of-sale lending company with a financing package of up to $200 million.
The investment follows $5 billion private credit firm’s previous investment of $250 million in 2019. With this latest closing, LendingUSA said it will be poised to continue expanding its business and accelerating its growth and development of new products.
"We are excited to expand upon our long-term partnership with LendingUSA," said Raymond Chan, a partner at Atalaya. "This financing allows LendingUSA to continue growing . . .
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