OppFi Upsizes Revolving Credit Facility with Blue Owl Capital to $300 Million

OppFi Inc. (NYSE:OPFI), a tech-enabled specialty finance platform, has expanded its revolving credit facility with affiliates of Blue Owl Capital to $300 million, up from $250 million. This strategic enhancement of OppFi's financial infrastructure comes at a crucial time when traditional lenders are tightening credit standards, potentially creating expanded market opportunities for specialty finance providers like OppFi.

The upsized facility, which extends to February 2029, provides important long-term stability and operational flexibility for OppFi. The increased facility size strengthens OppFi's ability to scale its loan originations, potentially leading to accelerated revenue growth while maintaining stable funding costs. The extended maturity date to 2029 offers exceptional visibility into funding availability, reducing refinancing risk and allowing for more confident long-term planning. Additionally, the flexibility to use balance sheet capital for early corporate debt retirement represents a valuable option for optimizing capital structure and potentially reducing interest expenses.

Blue Owl Capital's willingness to upsize the facility following their acquisition of Atalaya Capital Management signals strong institutional confidence in OppFi's business model and growth trajectory. This enhanced funding capacity arrives at a critical juncture when traditional lenders are becoming more cautious, potentially creating expanded market opportunities for OppFi.



The facility's structure allows for efficient capital deployment while maintaining prudent risk management, which is essential for sustainable growth in the specialty finance sector. This balanced approach to expansion, coupled with OppFi's technology-driven platform and community bank partnerships, positions the company to capitalize on market opportunities while maintaining financial stability.



In conclusion, OppFi's upsized revolving credit facility with Blue Owl Capital provides the company with the financial resources and flexibility needed to scale its loan originations, maintain stable funding costs, and optimize its capital structure. This strategic enhancement of OppFi's financial infrastructure comes at a critical time when traditional lenders are tightening credit standards, potentially creating expanded market opportunities for specialty finance providers like OppFi. With a strong balance sheet and a proven track record, OppFi is well-positioned to continue its growth trajectory and deliver on its mission of financial inclusion and profitable growth.