Lendbuzz announced the closing of a $150 million credit facility with J.P. Morgan today. This is the second credit facility between the investment bank and Lendbuzz in 2022 (in January, J.P. Morgan extended a line of credit to Lendbuzz), and in April 2022, J.P. Morgan served as an underwriter on a broadly syndicated ABS transaction.
Read more about the deal on FINTECH Global here.