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1st Franklin Financial Corporation Secures $430 Million in Credit Facility Enhancement

PRIVATEAug 26, 2026•13 days ago

Amount Raised

$430 Million

Round Type

Debt Financing

Financial ServicesFinanceLendingBanking

Investors

Bmo Bank N.A.

Description

On August 26, 2026, 1st Franklin Financial Corporation entered into a Second Amendment to its Loan and Security Agreement. This amendment increases the amount of borrowings available under the company’s revolving credit facility to $430 million. Additionally, it extends the maturity date of the agreement to August 27, 2029. This funding will enhance the company’s financial flexibility and operational capacity.

Company Information

Company

1st Franklin Financial Corporation

About

1st Franklin Financial Corporation provides financial services to individuals and businesses. The company specializes in personal loans and financial management solutions. It aims to empower customers by offering accessible financial support. Headquartered in Toccoa, GA, it serves a wide range of clients across the United States.

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