Daily News: November 25, 2019

Pollen Capital Provides $150 Facility to West Creek


Fintech lender West Creek has secured a $150 million credit facility from Pollen Street Capital, bringing West Creek’s total credit facility capacity to $250 million. This expanded capacity enables West Creek to uphold its speedy growth.

West Creek’s revenue has grown more than 4,400% since 2015, and will surpass $200 million for 2019. West Creek collaborates with more than 8,000 retailers across the world. They have helped more than 250,000 customers in purchasing essential items, such as furniture, mattresses, appliances, tires, and HVAC systems.

Chief Financial Officer and Chief Risk Officer Rajesh Rao says that the new credit facility represents a significant milestone for West Creek and allows them to continue to transform point-of-sale financing.

Established in 2014, West Creek helps consumers make life-essential, big-ticket purchases.