U.S.-based fintech West Creek secured a $150 million credit facility from Pollen Street Capital, bringing the company’s total credit facility capacity to $250 million.
Founded in 2014, West Creek claims it focuses on using big data and technology to optimize underwriting, enable industry-leading approval rates.
“This new credit facility represents a significant milestone for West Creek and allows us to continue to transform point-of-sale financing. We are laser-focused on delivering a superior financing experience for our retail partners and their customers through a combination of world-class customer support, technology, and data-science-driven credit decisioning,” said Rajesh Rao, CFO and CRO of West Creek._x000D_
“We are impressed with West Creek’s progress and growth to date and are excited to support its next expansion phase through the $150 million credit facility. We look forward to a strong, long-lasting partnership and believe that this sets a solid foundation for us to support West Creek in many other aspects,” said Lindsey McMurray, founder and managing partner of Pollen Street Capital.
