OppFi Inc. Secures New $150 Million Revolving Credit Facility with Castlelake, Reducing Financing Costs

Reuters10-02
OppFi Inc. Secures New $150 Million Revolving Credit Facility with Castlelake, Reducing Financing Costs

**OppFi Inc. Secures $150 Million Revolving Credit Facility to Support Growth** CHICAGO, Oct. 2, 2025 - OppFi Inc. $(OPFI)$, a leading digital finance platform, announced today the closing of a new $150 million revolving credit facility. The facility, provided by funds managed by Castlelake L.P., replaces a previous agreement and features improved terms, including a reduced interest rate from SOFR + 7.5% to SOFR + 6.0%. The four-year facility will help OppFi lower its financing costs and support continued growth in its receivables. CEO Todd Schwartz said the transaction demonstrates the strength of OppFi's business model and will further its mission to expand credit access for underserved Americans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OppFi Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG88624) on October 02, 2025, and is solely responsible for the information contained therein.
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