Raven Capital and Hudson Cove Refinance Elevate Credit in a $655 Million Facility

June 9, 2026

Raven Capital arranged a $655 million refinancing for Elevate Credit, an online lender serving non-prime consumers in the United States. Hudson Cove Capital Management also participated in the financing, which provides Elevate capital to expand credit access and invest in its platform.

Buyers
Raven Capital, Hudson Cove Capital Management
Targets
Elevate Credit, Inc.
Location
United States
Transaction Type
Recapitalization

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