Online lender LendUp closed another $100 million credit facility with investment firm Victory Park Capital to fund future loan growth.

The facility brings LendUp’s total equity and debt financing to $325 million. The firm has originated more than 3.3 million loans and surpassed $1 billion in loan originations since its inception in 2012.

“This is an important milestone for LendUp because it proves the viability and sustainability of the market opportunity for socially responsible lending,” said Sasha Orloff, LendUp CEO and co-founder. “I’m proud that our business growth and customer loyalty, combined with the continued confidence of our investors, proves that we’re well-positioned to help borrowers improve their financial health and lead better lives. We look forward to continuing to build upon our success.”

LendUp offers technology-enabled loans and credit cards supported by embedded financial education and a focus on improving credit.

Victory Park Capital Advisors is an investment firm with a focus on alternative credit and a commitment to delivering attractive risk-adjusted returns and capital preservation for its clients.