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Sezzle secures $300M credit facility, doubling capacity and lowering borrowing costs.

Company Fundamentals
11 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Sezzle Inc. announced a new $300 million receivables funding facility with Mesirow Alternative Credit, doubling its previous $150 million facility. The refinancing reduces Sezzle's cost of capital by nearly 290 basis points to SOFR plus 3.86% and increases the advance rate to 92.5% of eligible receivables. This expanded and cheaper credit line supports Sezzle's growth plans and reflects strong receivables performance and disciplined credit management. The facility has a three-year term and includes a $75 million accordion feature for additional capacity if needed.

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