Oportun increases borrowing capacity on personal loan warehouse facility to ~$429M

Oportun Financial Corp

Oportun PLW Trust, a subsidiary, amended its Loan and Security Agreement on November 22, 2024.
Borrowing capacity raised to approximately $429.03 million.
Borrowings will bear interest at Term SOFR plus a weighted average spread of 3.35%.
Amendment involves Wilmington Trust as collateral agent and various lenders.
No immediate draw; facility enhances liquidity for personal loan origination.

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