Friday, September 24, 2010

Think Finance Gets $90M In Credit Facility

Fort Worth-based Think Finance, a developer of financial products, said yesterday that it has received $90M in a credit facility from Victory Park Capital Advisors. Think Finance said it would use the funding to expand its product lines, and particularly to reach consumers who are unbanked or underbanked. The firm offers ThinkCash, and online installment loans, plus Elastic, a low cost, prepaid debit card.