Financial Advisor
EasyPay Finance
Debt Capital Markets
Senior Secured Revolving Credit Facility
Transaction Details
- On January 30, 2019, EasyPay Finance (“EasyPay” or the “Company”) announced a new $50 million Senior Secured Revolving Credit Facility provided by Ares Management and its affiliates
- EasyPay is a national provider of consumer installment financing in the automotive service and repair market
- The new debt facility will be used to support the Company’s continued growth, develop new financial technology and give consumers the funding they need
- Stephens Inc. served as exclusive financial advisor to EasyPay in the transaction
About the company
Built on 17 years of customer finance experience, EasyPay Finance meets the needs of retailers and auto repair dealers by providing simple and convenient funding options. EasyPay funds customers from good credit to no credit using an innovative algorithm to determine each customer’s best program based on a variety of factors, rather than relying solely on credit scores like other lenders. Over 8,000 locations across the United States have used EasyPay to help their customers finance the purchase of goods and services. EasyPay Finance’s end-to-end solution includes online origination, financing for all credit types, and a recognized best-in-class onsite merchant services department. For more information, visit www.EasyPayFinance.com.
Source: Company Press Release.
-
This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.