Fintech lender OnDeck Capital amended its credit agreement with Deutsche Bank, increasing the revolving commitment from $75 million to $100 million and extending the period to May 3, 2019.

According to a related 8-K filing, the facility is utilized solely for the financing of the company’s line of credit offering.

In addition the amendment included a decrease in the revolving loans interest rate to LIBOR (minimum of 0.75%) + 7.25% from LIBOR (minimum of 0.0%) + 9.25%; an increase in the borrowing advance rate from 75% to 85%; certain changes to portfolio performance covenants; and various related technical, definitional, conforming and other changes.