Insight
Stilt Asset-Backed Revolving Warehouse Facility
Insight
Stilt Asset-Backed Revolving Warehouse Facility
November 18, 2020
Winston & Strawn LLP represented Stilt, as borrower, in connection with a US$20M (with potential upsize up to US$100M) asset-backed revolving warehouse credit facility offered by Silicon Valley Bank. The debt facility will be used to lend to borrowers and checking account holders. Stilt is a mission-driven fintech company focused on providing personal loans to immigrants and non-U.S. citizens.