Transactions
Recent transaction experience – PayBreak T/A afforditNOW
- In September 2017, Asgard Partners arranged a senior debt facility for PayBreak Limited, which trades as afforditNOW
- This represented a major step forward for the company in securing institutional debt funding
- Trading since 2012, PayBreak, is a leading fintech consumer finance company which uses innovative technology to operate a unique point of sale lending platform
- It allows merchants to offer a broad range of bespoke finance products, from as little as £100, both online and in-store
- This debt facility, together with a £24.5 million equity raising from new and existing shareholders concluded in June 2017, will be used to accelerate the company’s development and support its continued strong lending growth
“Asgard Partners’ deep sector knowledge and proven expertise helped us secure the right funding arrangement at the current time which allows us to build for the future. Given their extensive experience, they were able to provide invaluable advice and guidance throughout the process.”
Julia Throop, Managing Director, PayBreak Limited