Oportun Financial Corporation announced on April 2, 2025, the closing of a new $187.5 million committed warehouse facility. This facility materially increases Oportun’s warehouse capacity and diversifies its group of lenders.
The committed financing, supported by Natixis and Neuberger Berman, is expected to drive Oportun’s responsible growth in the years ahead. Paul Appleton, Interim Chief Financial Officer, highlighted the importance of this facility for the company's capital strategy.
Oportun maintains a diverse set of capital sources, including committed warehouse facilities, asset-backed securitizations, corporate-level debt financing, and whole loan sales. This new facility further strengthens its ability to fund its loan portfolio.
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