Victory Park Amends $1B+ in Facilities for Elevate Credit

Elevate Credit, a tech-enabled provider of online credit solutions for non-prime consumers, amended the credit facilities for its four products with alternative investment firm Victory Park Capital.

Burke Joins Victory Park as Partner in Chicago

Kevin Burke joined Victory Park Capital as a partner based in Chicago. Burke will be responsible for managing investment strategies in both existing and new asset classes.

Kushman to Lead Victory Park Capital Markets

Todd Kushman joined Victory Park Capital as a principal and head of capital markets. Kushman is based in New York.

Victory Park Capital Taps Capital One Vet Jamison as First CRO

Victory Park Capital brought in 20-year industry veteran Troy Jamison as chief risk officer for the firm’s non-bank financial services portfolio.

Victory Park Capital Provides Debt Facility for Bread

Consumer purchase finance company Bread completed $126 million of equity and debt financing with Victory Park Capital

Victory Park Upsizes Applied Data Finance by $25MM

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.

Victory Park Provides $100MM facility, $3MM Equity to Cognical

Victory Park Capital provided a $100 million credit facility along with a $3 million equity investment to Cognical to expand its omnichannel lease-to-own payment platform for in-store and online shopping.

Former OnDeck VP Lu Joins Victory Park Capital

The Wall Street Journal reported that Zhengyuan Lu, fintech lender OnDeck’s vice president of capital markets, joined Victory Park Capital.

Victory Park Upsizes Elevate Facility to $545MM

Elevate increased its credit facility with Victory Park Capital by $100 million to a total of $545 million.

Victory Park Provides Facility, Leads Equity Raise for West Creek

Victory Park Capital provided a $25 million secured credit facility to West Creek Financial and also led an equity raise.