Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
OppFi Inc. incurred revolving credit of $150.0 million with UMB Bank, N.A. (as administrative agent) and Randolph Receivables 2 LLC (as lender) at Term Secured Overnight Financing Rate plus 6.00% maturing September 29, 2029.
- Instrument
- revolving credit
- Principal
- $150.0 million
- Counterparty
- UMB Bank, N.A. (as administrative agent) and Randolph Receivables 2 LLC (as lender)
- Rate
- Term Secured Overnight Financing Rate plus 6.00%
- Maturity
- September 29, 2029
- Event
- incurrence
Exact text from the filing
On September 29, 2025, Opportunity Financial, LLC, a Delaware limited liability company (“OppFi-LLC”) and subsidiary of OppFi Inc., a Delaware corporation (the “Company”), Opportunity Funding SPE IX, LLC, a Delaware limited liability company and indirect wholly owned subsidiary of OppFi-LLC (the “Borrower”), OppWin, LLC and OppWin BPI, LLC, each a Delaware limited liability company and wholly owned subsidiary of OppFi-LLC, each as sellers, UMB Bank, N.A., as administrative agent and collateral agent, Randolph Receivables 2 LLC, as a lender and as Castlelake Representative, and the lenders party thereto entered into a senior secured Revolving Credit Agreement (the “Agreement”), by and among OppFi-LLC, the Borrower, OppWin, LLC, OppWin BPI, LLC, UMB Bank, N.A., Randolph Receivables 2 LLC, and the other lenders party thereto. The Agreement provides for maximum borrowings of $150.0 million at an interest rate equal to the Term Secured Overnight Financing Rate plus 6.00% and a maturity date
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