Attain Finance Enters into a Second Canadian Credit Facility

GREENVILLE, S.C.--(BUSINESS WIRE)--Attain Finance (“Attain” or the “Company”), a leading consumer finance company, today announced it entered into a new C$250 million credit facility that will refinance its prior Canadian SPV II facility. The new credit facility, LendDirect Trust, Series 2026-2, reflects confidence in our strategic plan to responsibly grow our business over time.

This facility, coupled with the recently announced closing of the LendDirect Trust, Series 2026-1, completes the refinancing of all our credit facilities in Canada. This new facility further lowers Attain’s cost of capital and offers more favorable credit terms such as a higher advance rate. The credit agreement further enhances Attain’s financial flexibility and helps support our continued growth.

“The recent successful refinancings of both of our Canadian financing facilities represents a significant milestone for Attain Finance and underscores the strong confidence our lending partners have in our business model and growth trajectory,” said Doug Clark, Chief Executive Officer of Attain Finance. "Similar to our prior Canadian SPV refinancing, this strategic refinancing reduces our cost of capital, strengthens our balance sheet, and provides us with enhanced financial flexibility to accelerate our growth in Canada.”

About Attain

Attain Finance is a leading consumer credit lender serving U.S. and Canadian customers for over 50 years. Our roots in the consumer finance market run deep. We’ve worked diligently to provide customers with a variety of convenient, easily accessible financial services. Our decades of diversified data power a hard-to-replicate underwriting and scoring engine, mitigating risk across the full spectrum of credit products. Our brands include Heights Finance in the United States and LendDirect and Cash Money in Canada.

For more information about Attain Finance, please visit www.attainfinance.com.