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Five Below Secures $225 Million Increase in Credit Facility

PUBLIC · FIVEOct 14, 2026

Amount Raised

$225 Million

Round Type

Debt Financing

PhiladelphiaRetail

Investors

1616 Holdings, Inc.Wells Fargo Bank, National Association

Description

On October 14, 2026, Five Below, Inc. announced a third amendment to its credit agreement, increasing its senior secured asset-based revolving credit facility from $225 million to $450 million. The amendment also extends the maturity date of the credit agreement to October 14, 2031. This funding will enhance the company's financial flexibility and support its growth strategy

Company Information

Company

Five Below

Location

Philadelphia, Pennsylvania, United States

About

Five Below is the ultimate destination for fun, freedom, and unlimited possibilities. Our mission is to create an amazing experience where life feels better, filled with the newest, coolest stuff at prices so low, you can always say yes. With over 20,000 associates, our growth stems from embracing our purpose and living The Five Below Way—a set of values and behaviors that unite our team and make us unique.

Fundz sees it the moment Five Below raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Five Below's next move

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Five Below raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.