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Henrico firm raises $10m to develop lease-to-own financing for furniture, appliances
June 20, 2017
West Creek Financial Inc., a Henrico County-based company that provides lease-to-own financing for furniture and appliances, said Tuesday that it has raised $10 million in equity to support further business development.
The capital raise is the company’s second since it was founded in 2014.
In 2016, West Creek Financial received a $25 million senior secured credit facility from Victory Park Capital, and an additional $3 million in equity investments led by VPC, with other contributions from angel investors.
The company did not disclose the investors for the most recent round of funding.
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