Comvest Credit Partners is acting as Administrative Agent and Sole Lender on a $220 million senior secured credit facility to Above Lending, a Houston-based national provider of consumer loans that has been part of Comvest’s Direct Lending portfolio since 2021. The Financing, Comvest’s second upsize, will be used toward Above Lending’s ongoing operations and continued growth.

Above Lending focuses on debt settlement and debt consolidation programs that help individuals successfully pay off debt. Comvest followed its initial $50 million investment in the Company in 2021 with a $75 million upsize in 2022 and the recent $95 million additional follow-on commitment.

“Above Lending is a strong performer within the specialty finance sector,” said Tim Kim, a Managing Director of Comvest and head of the Specialty Finance group. “Comvest continues to actively invest in well-positioned specialty finance companies and remains committed to providing meaningful add-on capital that supports the strategic growth objectives of our investments.”