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Financial Advisor

EasyPay Finance

$50 Million 01/30/2019 Specialty Finance Complete
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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.
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