West Palm Beach, FL – Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a $50.0 million Senior Secured Credit Facility (the “Financing”) to Above Lending, Inc. (“Above Lending”), a consumer lending company. The financing will be used to fund the origination and acquisition of consumer loans.
About Above Lending
Above Lending is a consumer lending company that originates and markets unsecured debt consolidation loans to eligible consumers. For more information, please visit their .
About Comvest Credit Partners
Comvest focuses on providing flexible financing solutions to middle-market companies. Comvest provides senior secured, unitranche, second lien, and mezzanine capital to sponsored and non-sponsored companies in support of growth, acquisitions, buyouts, refinancings, and recapitalizations. Credit facilities typically range from $25 million to $200 million for companies with revenues greater than $20 million. Comvest has offices located in West Palm Beach, Chicago, and New York. For more information, please visit the website.
About Ӱ
Ӱ is a private investment firm providing equity and debt to middle-market companies across the U.S. Since its founding in 2000, Comvest has invested over $6.1 billion. Today, Ӱ has approximately $5.0 billion of assets under management. Through an extensive capital resources and broad network of industry relationships, Ӱ offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit the website.