OppFi has more than doubled one of its existing credit facilities with affiliates of Atalaya Capital Management to $200 million.
OppFi appointed Pamela Johnson as the company’s chief financial officer. Johnson joined OppFi as chief accounting officer in 2021. Previously, she was chief financial officer for more than 10 years at consumer finance companies Heights Finance Corporation and Pioneer Financial Services.
According to an 8K filed with the SEC, BMO Harris Bank served as administrative agent and collateral agent for the expansion of OppFi’s existing $25 million bank credit facility to $45 million.