Financial Advisor
TEMPOE, LLC
Debt Capital Markets
Senior Secured Credit Facility
Transaction Details
- On January 4, 2017, TEMPOE, LLC raised a $150 million Senior Secured Credit Facility with an accordion to upsize the facility to $250 million during the term of the agreement
- TEMPOE is a leading provider of point-of-sale solutions to credit-constrained consumers via its nationwide footprint of 8,000 stores and online network
- The transaction proceeds will be used to refinance the existing facility and fund portfolio growth
- Stephens Inc. served as exclusive financial advisor to TEMPOE in the transaction
About the company
TEMPOE, built upon the roots of WhyNotLeaseIt, is a leading provider of no credit required products that facilitate shopping. TEMPOE provides several flexible payment options with the opportunity for quick and economical ownership for consumers. TEMPOE was founded in 2009 in Manchester, New Hampshire and serves the furniture, home electronics, appliance, jewelry and automotive industries. For more information, please visit www.tempoe.com.
Sources: Company filings and Stephens Inc. internal data.
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