# OppFi Inc. (OPFI-WT) — capital_raise [pending]
Source: SEC API (secapi.ai) · situation sit_1871fc74380611a47aac · retrieved 2026-08-14T01:47:19.762Z

## Overview
OppFi Inc. is a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, including consumer loans and working capital solutions for small businesses.

On August 10, 2026, OppFi Inc.'s subsidiary Opportunity Funding SPE Residual, LLC entered into a Senior Secured Multi-Draw Term Loan Agreement with UMB Bank, N.A. (administrative and collateral agent), Sertoma Park LLC, and other lenders. The facility provides for maximum borrowings of $100.0 million at a fixed interest rate of 12.50% per annum prior to OppFi's pending acquisition of BNCCORP, Inc. and BNC Bank, and 13.50% per annum thereafter. Each funded loan is subject to a 1.25% original issue discount retained by lenders. The agreement matures four years from the initial draw date, with optional one-year extensions at lenders' discretion, and requires semi-annual amortization payments of 10% of aggregate principal funded. OppFi-LLC guarantees the borrower's obligations and granted security interests in all assets. Loans may be drawn during a six-month draw period in an initial principal amount of $75.0 million and subsequently in minimum amounts of the lesser of $5.0 million or remaining undrawn commitment. The company intends to use proceeds for ongoing growth in finance receivables and general corporate purposes.

## Terms
- Counterparty: UMB Bank, N.A., Sertoma Park LLC, and other lenders · Deal value: $100.0M · Consideration: cash

## Key dates
- Announced 2026-08-10

## Timeline
- 2026-08-10 · 8-K (0001818502-26-000073): 8-K - OppFi Inc. — *OppFi Inc. is a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, including consumer loans and working capital solutions for small businesses.* On August 10, 2026, OppFi Inc.'s subsidiary Opportunity Funding SPE Residual, LLC entered into a Senior Secured Multi-Draw Term Loan Agreement with UMB Bank, N.A. (administrative and collateral agent), Sertoma Park LLC, and other lenders. The facility provides for maximum borrowings of $100.0 million at a fixed interest rate of 12.50% per annum prior to OppFi's pending acquisition of BNCCORP, Inc. and BNC Bank, and 13.50% per annum thereafter. Each funded loan is subject to a 1.25% original issue discount retained by lenders. The agreement matures four years from the initial draw date, with optional one-year extensions at lenders' discretion, and requires semi-annual amortization payments of 10% of aggregate principal funded. OppFi-LLC guarantees the borrower's obligations and granted security interests in all assets. Loans may be drawn during a six-month draw period in an initial principal amount of $75.0 million and subsequently in minimum amounts of the lesser of $5.0 million or remaining undrawn commitment. The company intends to use proceeds for ongoing growth in finance receivables and general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/1818502/0001818502-26-000073.txt

## Citations
- 0001818502-26-000073 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000181850226000073