Fintap Secures up to $86.5MM Credit Facility & Corporate Note to Accelerate Growth, Technology Innovation, and Product Expansion

▤ Summary

Fintap secured a credit facility of up to $82.5 million and a corporate note of up to $4 million. The company will use the capital to improve its technology infrastructure, strengthen API integrations, and expand working capital access for small businesses. Fintap also plans to launch a new A paper product with buy rates starting in the high teens. The financing gives Fintap room to scale faster and enter markets it could not serve before.

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