---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-23-000010"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:18:52.611970+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OppFi upsizes revolving credit facility with Atalaya to $250 million

## Summary
- Facility increased from $200M to $250M; new Tranche C of $125M maturing July 2027.
- Tranche C bears interest at Term SOFR + 7.5%; proceeds to fund receivables growth.
- Proceeds also used to repay existing Tranche A loans in full on July 19, 2023.

## SEC filing metadata
- accession: 0001818502-23-000010
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000010/0001818502-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000010/opfi-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-23-000010
- JSON: https://secwatch.observer/filing/0001818502-23-000010.json
- Plain text: https://secwatch.observer/filing/0001818502-23-000010.txt

## Key facts
- Debt Financings
  OppFi Inc. amended revolving credit of $200 million to $250 million with Midtown Madison Management LLC at Term Secured Overnight Financing Rate plus 7.5% maturing July 19, 2027.
  - Instrument: revolving credit
  - Principal: $200 million to $250 million
  - Counterparty: Midtown Madison Management LLC
  - Rate: Term Secured Overnight Financing Rate plus 7.5%
  - Maturity: July 19, 2027
  - Event: amendment
  source text: The A&R Credit Agreement amends the Existing Credit Agreement to, among other things, increase the size of the facility under the Existing Credit Agreement from $200 million to $250 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000010/0001818502-23-000010-index.htm
- Material Agreements
  OppFi Inc. amended A&R Credit Agreement with Midtown Madison Management LLC valued at $250 million (effective 2023-07-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Midtown Madison Management LLC
  - Value: $250 million
  - Effective: 2023-07-19
  source text: On July 19, 2023 (the “Restatement Date”), Opportunity Financial, LLC, a Delaware limited liability company (“OppFi-LLC”) and subsidiary of OppFi Inc., a Delaware corporation (the “Company”), and Opportunity Funding SPE V, LLC, a Delaware limited liability company and wholly owned subsidiary of OppFi-LLC (“OF V Borrower”), entered into an Amended and Restated Revolving Credit Agreement (the “A&R Credit Agreement”), which amends and restates that certain Revolving Credit Agreement, dated as of April 15, 2019 (as amended, supplemented or otherwise modified prior to the Restatement Date, the “Existing Credit Agreement”), by and among OppFi-LLC, OF V Borrower, Opportunity Funding SPE VII, LLC, the other credit parties and guarantors thereto, Midtown Madison Management LLC as administrative agent and collateral agent, and the lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818502/000181850223000010/0001818502-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.