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.