Perk Secures USD $300m Credit Facility From Lenders
14 Articles
14 Articles
AI software platform Perk secures $300m from major lenders
Neuberger Specialty Finance, Blue Owl Capital, Hercules Capital and Liquidity have backed AI-native software platform Perk, with a $300m (£223.03m) private credit facility. Perk is an AI-native travel and spend management platform, which embeds AI features onto legacy software. The investment comes as scrutiny of software business models has intensified, with private credit’s exposure to […] The post AI software platform Perk secures $300m from …
Perk (formerly TravelPerk), a platform for managing travel and business expenses, announced on 3 June 2026 the closure of a 300 million dollar private credit facility. The operation is led by Neuberger Specialty Finance, with the participation of Blue Owl Capital, Hercules Capital and Liquidity. This debt relief takes the form of a credit facility, a flexible financial mechanism that allows a company to dispose of a capital reserve that can be m…
As detailed in a statement, this operation, which has expanded and replaced the 2024 line of credit under improved conditions, has been led by Neuberger Specialty Finance, along with Blue Owl Capital, Hercules Capital and Liquidity.
Perk announces that it has obtained a credit facility of $300 million. The funds are intended to "accelerate investments in product, technology and AI, and to finance the development of new...
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