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OppFi ( (OPFI) ) has shared an announcement.
On February 13, 2025, OppFi announced a Second Amended and Restated Revolving Credit Agreement, increasing its credit facility with affiliates of Blue Owl Capital from $250 million to $300 million. This amendment extends the maturity date to February 2029 and aims to support OppFi’s growth by financing receivables and extinguishing corporate debt ahead of schedule. The increase in the credit facility highlights the company’s commitment to enhancing credit access for consumers and supporting its mission of financial inclusion.
More about OppFi
OppFi Inc. is a tech-enabled, mission-driven specialty finance platform that extends credit access to everyday Americans, particularly through community banks. The company offers a transparent and responsible lending platform, focusing on financial inclusion and excellent customer experience. Additionally, OppFi holds a 35% equity interest in Bitty Advance, which provides revenue-based financing to small businesses.
YTD Price Performance: 62.25%
Average Trading Volume: 1,602,868
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.13B
For detailed information about OPFI stock, go to TipRanks’ Stock Analysis page.
