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OppFi closes $50 million corporate credit facility with Atalaya
By Taylor Fox
New York, March 29 – Opportunity Financial, LLC (OppFi) closed an expanded $50 million corporate credit facility with Atalaya Capital Management, according to a news release.
The proceeds of the facility will be used to refinance existing corporate indebtedness and provide growth capital to broaden credit access to consumers.
OppFi is a Chicago-based financial technology company.
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