Attain Finance Closes New $375 Million Credit Facility

By Amit Chowdhry • Yesterday at 7:42 AM

Attain Finance announced the closing of HFGT Trust 2026-A, a new $375 million credit facility that strengthens the company’s capital position and supports its next phase of growth.

The transaction marks an important milestone for Attain, as it completes the refinancing of all legacy receivables-based facilities that were established when the company emerged from bankruptcy in 2024. By replacing those older facilities with a new financing structure, Attain is aiming to improve its balance sheet flexibility and position itself for continued operational progress.

In connection with the closing of HFGT Trust 2026-A, Attain Finance retired both Heights Finance SPV I and Heights Finance SPV II. The company said the new facility provides a lower cost of capital compared to its prior financing arrangements, while also adding capital that can be used to fund future growth initiatives.

The refinancing also extends Attain’s receivables-based debt maturity wall to 2029. This gives the company a longer runway to execute its business strategy, manage its funding needs, and continue serving customers across its consumer finance platform.

Attain Finance is a consumer finance company based in Greenville, South Carolina. The closing of the $375 million facility reflects the progress the company has made since emerging from bankruptcy and represents another step in its broader financial evolution.

With the legacy facilities now retired, Attain has simplified its receivables-based financing structure and improved its access to capital. The company said this enhanced funding foundation will help support its ongoing growth plans while creating a more efficient capital structure for the years ahead.

KEY QUOTE:

“We are very pleased with the closing of HFGT Trust 2026-A, which marks a significant milestone in Attain Finance’s financial evolution. With the completion of this refinancing, we have successfully extended our receivables-based debt maturity wall out to 2029, reflecting the tremendous progress we have made as a company over the last two years.”

Doug Clark, Chief Executive Officer of Attain Finance