West Creek Raises $150 Million to Expand its Point-of-Sale Financing
RICHMOND, Va.-- West Creek, a fast-growing fintech company that provides innovative point-of-sale financing, announced it secured a $150 million credit facility from Pollen Street Capital, bringing West Creek’s total credit facility capacity to $250 million. This expanded capacity enables West Creek to maintain its rapid growth.
Since 2015, West Creek’s revenue has grown over 4,400% and will surpass $200 million for 2019. West Creek partners with over 8,000 retailers nationwide and has helped over 250,000 customers in purchasing essential items, including furniture, mattresses, appliances, tires, and HVAC systems.
“This new credit facility represents a significant milestone for West Creek and allows us to continue to transform point-of-sale financing,” said Rajesh Rao, chief financia...