Case Summary: Undisclosed Title Lender

Undisclosed Title Lender

$45 million senior secured credit facility

Overview

A leading provider of automotive title loans to consumers in California and other western states.

Challenge

The Company was outgrowing their existing bank relationship and required a new lender who can support the growth in its rapidly growing consumer loan portfolio.

Solution

Given our experience with consumer finance companies, Crystal was able to agent an increase in the revolving loan to $45 million.