Atlanta-based fintech lender secures $500 million credit facility
(World News USA)

LendingPoint LLC has landed one of the largest credit facilities of 2017, which the company says will significantly lower costs for its online consumers. The Atlanta-based fintech company said Wednesday that it closed an up to $500 million credit facility, arranged by Guggenheim Securities, a subsidiary of Guggenheim Partners. The company said it took down $138.5 million of the facility at the closing, and an additional $32.7 million on Sept. 15, according to a press release. LendingPoint said this... ......