Case Summary: Acima

Acima

$125.0 million Senior Secured Term Loan

Overview

Acima Credit provides a flexible and creative alternative to traditional consumer lending. The Company’s proprietary technology driven point-of-sale finance product is designed to be a fast and easy solution for both the retailer and consumers.

Situation

Since its inception in 2013, Acima has experienced rapid growth. The Company sought new lending partners with the ability to fund a larger facility in addition to a delayed draw term loan for future growth.

Solution

Crystal was a co-lender and Documentation Agent in a $125,000,000 Secured Term Loan.