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OppFi Inc. Secures $100 Million Multi-Draw Term Loan

PUBLIC · OPFIAug 10, 2026•about 23 hours ago

Amount Raised

$100 Million

Round Type

Debt Financing

ChicagoFinancial ServicesFinanceFintechLendingBanking

Investors

Sertoma Park LlcUmb Bank, N.A.

Description

On August 10, 2026, OppFi Inc. entered into a Senior Secured Multi-Draw Term Loan Agreement, allowing for maximum borrowings of $100 million. The loan is structured with a fixed interest rate starting at 12.50% per annum prior to a pending acquisition. This funding is part of the company’s strategic initiatives to enhance its operational capabilities.

Company Information

Company

OppFi

Location

Chicago, Illinois, United States

About

OppFi (NYSE: OPFI) is a leading financial technology platform that powers banks to help the everyday consumer gain access to credit. Through its unwavering commitment to customer service, the Company supports consumers, who are turned away by mainstream options, to build better financial health. OppFi maintains a 4.6/5.0 star rating on Trustpilot with more than 3,500 reviews, making the Company one of the top consumer-rated financial platforms online, and an A+ rating from the Better Business Bureau (BBB). For more information, please visit oppfi.com.

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