03:55 AM EDT, 07/11/2024 (MT Newswires) -- Repay Holdings ( RPAY ) said late Wednesday it closed an undrawn $250 million senior secured revolving credit facility.

The facility renews and expands Repay's prior undrawn $185 million senior secured revolving credit facility.

Chief Executive John Morris said the expanded facility provides the company with financial flexibility to focus on growth and cash generation.