Business Practice Secures $90M Credit Facility for Think Finance, Inc.
Paul Tauber served as legal counsel for Think Finance, Inc. in securing its $90 million credit facility from Victory Park Capital Advisors.
Think Finance, Inc., a developer of next-generation financial products, will use the line of credit to fund expansion of its existing product lines and to support the development and growth of new products.
“We are excited about securing this additional source of funding enabling us to expand our innovative financial solutions for a growing market of consumers unbanked or underbanked,” said Think Finance CEO Ken Rees. “Consumer response to our products have been tremendous and we’ve grown by over 50% this year and expect that growth to continue in 2011.”