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Lending Club Files for $200mn Warehouse Agreement
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Lending Club Files for $200mn Warehouse Agreement

Lending Club Files for $200mn Warehouse Agreement

Todd Anderson·
FintechNews RoundupUSA
·Jan. 29, 2018·1 min read

Lending Club files an 8K for a $200mn warehouse funding agreement; JPMorgan Chase was the administrative agent and Wilmington Trust was the collateral trustee; the revolving credit facility will be with certain lenders not yet announced; the move is another step in the funding sources diversification direction the company discussed late last year. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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JPMorgan ChaseLending ClubWilmington Trust
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