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Pagaya closes revolving VFN facility with ATLAS SP Partners with nearly $700 million funding capacity

PUBT·09/29/2026 12:32:17
Pagaya closes revolving VFN facility with ATLAS SP Partners with nearly $700 million funding capacity
  • Pagaya closed its first Variable Funding Note facility with ATLAS SP Partners, a warehouse finance unit majority owned by Apollo Funds.
  • Revolving committed structure targets nearly $700 million of funding capacity for Pagaya’s personal loan platform.
  • Facility allows draws, repayments, redeployment of liquidity to support scalable origination growth with multi-quarter funding visibility.
  • Vehicle is designed to season newly originated loans before securitization, supporting execution for Pagaya’s AAA-rated PAID ABS program.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pagaya Technologies Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260929474279) on September 29, 2026, and is solely responsible for the information contained therein.