Oportun Financial Corporation announced the closing of a new long-term warehouse facility. Features of this new facility include: $245 million total commitment; Deutsche Bank AG, New York branch, as senior lender ? a new lending relationship for Oportun; Jefferies, as mezzanine lender ?

an existing, longstanding lender to Oportun; Three-year revolving period; Collateralized by Oportun?s unsecured and secured loan originations. Oportun maintains a diverse set of capital sources including committed warehouse facilities, asset-backed securitizations, corporate-level debt financing, and whole loan sales. Orrick, Herrington & Sutcliffe LLP served as legal advisor to the Company on the transaction.