West Creek, a Richmond, VA-based fintech company that provides innovative point-of-sale financing, secured a $150m credit facility from Pollen Street Capital.
This brings West Creek’s total credit facility capacity to $250m.
This expanded capacity enables West Creek to maintain its rapid growth.
Founded in 2014, West Creek provides point-of-sale financing in retail stores nationwide with a focus on furniture, mattress, appliance, tire, and HVAC system retailers. The company leverages big data and machine learning to optimize its credit modeling and underwriting, enabling them to deliver approval rates and amounts.
West Creek partners with over 8,000 retailers nationwide and has serves over 250,000 customers in purchasing essential items, including furniture, mattresses, appliances, tires, and HVAC systems.
The company employs over 200 associates.
FinSMEs
17/10/2019