---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000917834.md"
description: "📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Pagaya Tech(PGY.US) Pagaya Secures Nearly $700 Million Funding Facility With ATLAS SP Partners👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:➤  𝗣𝗮𝗴𝗮𝘆𝗮 closes its inaugural Variable Funding Note facility with 𝗔𝗧𝗟𝗔𝗦.➤  Facility establishes nearly $𝟳𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in personal-loan funding capacity.➤  𝗔𝗧𝗟𝗔𝗦 𝗦𝗣 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 is majority owned by Apollo Funds.➤  Revolving structure allows Pagaya to 𝗱𝗿𝗮𝘄, repay, and redeploy liquidity.➤  Facility provides 𝗺𝘂𝗹𝘁𝗶-𝗾𝘂𝗮𝗿𝘁𝗲𝗿 liquidity visibility for personal-loan originations.➤  Capital will season newly originated loans before 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝘇𝗮𝘁𝗶𝗼𝗻.➤  Structure supports optimization of Pagaya's 𝗔𝗔𝗔-𝗿𝗮𝘁𝗲𝗱 𝗣𝗔𝗜𝗗 𝗔𝗕𝗦 platform.➤  Pagaya says the facility supports 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿, scalable origination growth.➤  Agreement expands Pagaya's strategy toward 𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗲𝗱 funding sources.👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:➤  Nearly $𝟳𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 provides Pagaya greater funding visibility and flexibility.➤  Revolving capital can reduce dependence on individual 𝗔𝗕𝗦 issuance windows.➤  Loan seasoning generates performance data before loans enter securitization markets.➤  Additional warehouse partnerships could further diversify Pagaya's 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 base.👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:𝗝𝗼𝗻 𝗗𝗼𝗯𝗿𝗲𝘀, Chief Financial Officer at Pagaya:“Securing this VFN with ATLAS is the first step in expanding our warehouse capabilities with banks and other financing partners. As we expand our funding strategy with diverse sources of capital, we drive profitable growth with enhanced funding visibility.”"
datetime: "2026-09-29T12:35:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000917834.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000917834.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000917834.md)
author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)"
generator: "portal-rs"
---

# 📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Pagaya Tech(PGY.US) Pagaya Secures Nea…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**