BNPL lender Sunbit lands $355m debt warehouse facility
This is Sunbit’s second debt warehouse facility in 2024, following its $310 million deal in January.
This is Sunbit’s second debt warehouse facility in 2024, following its $310 million deal in January.
The LA-based fintech says it will use the facility to attract and retain more customers.
The revolving debt facility is being provided by Credit Suisse and Waterfall Asset Management.
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
The company wants to target health and safety-related markets.