Park Cities Asset Management provided $30 million of debt capital commitments to Applied Data Finance (ADF). Through its Personify Financial platform, ADF offers underestimated Americans an alternative for unsecured personal installment loans.
Applied Data Finance, a technology-enabled lender and asset manager, upsized its current senior credit facility with Victory Park Capital Advisors from $200 million to $350 million.
Applied Data Finance closed $145 million in equity and debt financing. MAI Capital Management, Victory Park Capital Advisors and Park Cities Asset Management served as the primary participants in the transactions.
Applied Data Finance, a technology-enabled lender and asset manager, increased its existing credit facility with investment firm Victory Park Capital from $50 million to $75 million and extended it through 2021.
Colchis Capital Management invested in Applied Data Finance, which is launching an institutional whole loan platform that will allow investors to buy loans originated using ADF’s predictive analytics.