Real-time · AI · Cross-signal

Discover the power of real-time signals plus AI

Every contract, funding round, exec hire, and M&A move on Pathlight Capital — with verified, ICP-scored contact reveals (email + mobile) on demand.

Trusted by founders, sales teams, recruiters, and investors at firms like BlackRock, Oracle, Kleiner Perkins, and HubSpot.

See plans Book a 15-min walkthrough

▶

Watch the 2-minute tour · with sound

Pathlight Capital Joins $330,000,000 Credit Facility for Propel Holdings

Nov 18, 2024•over 1 year ago

Contract Type

partnership

BostonFinancial ServicesFinanceLending

Description

Pathlight Capital has joined a $330,000,000 syndicated credit facility for Propel Holdings Inc in support of its CreditFresh line of business. The credit facility will be used to support continued growth in CreditFresh's loan portfolio, and Pathlight Capital's substantial capital base is well-aligned with Propel's growth strategy.

Company Information

Company

Pathlight Capital

Location

Boston, Massachusetts, United States

About

Pathlight is a $2.7B private credit firm that provides asset-based loans secured on a first or second lien basis against tangible and intangible assets. Pathlight offers creative financing solutions to allow management teams to access incremental liquidity for the purposes of funding working capital, refinancing, growth, acquisition, dividend and turnaround strategies. The information presented in this release is the opinion of Pathlight Capital LP and does not reflect the view of any other person or entity. The above is for information purposes and should not be construed as an investment recommendation.

Predictive Intelligence

Strategic

ML-powered predictions for Pathlight Capital's next move

Learn about Strategic plan

Related People

Suggested for you

Agreement Insights

Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months