VIVA Finance Expands Loan Capacity With $150M Facility
The Atlanta-based firm plans to use the new funding to scale payroll-linked loan options for workers.
Updated on Oct. 27, 2026 in Credit Cards
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Atlanta-based VIVA Finance has secured a $150 million credit facility from Viola Credit to expand its payroll-linked lending platform. The capital supports consumer loans of up to $15,000 for workers, with repayments tied directly to employee payroll deductions.
Why it matters
This credit facility provides the warehouse capacity necessary for VIVA Finance to scale its lending operations, directly impacting the availability of credit for employees who utilize payroll-linked loans. By securing institutional funding, the firm aims to maintain its capacity to offer financing options to workers across the country.
VIVA Finance secured a $150 million credit facility, adding to $220 million in capital raised in July 2025. The platform offers loans up to $15,000 with APRs ranging from 11.99% to 35.99% and repayment terms reaching up to 36 months.
The players
VIVA Finance
An Atlanta-based lending company that provides payroll-linked consumer loans to workers.
Viola Credit
An investment firm managing $5 billion in assets that provides debt financing for lending platforms.
Thread Bank
A financial institution that partners with lending platforms to originate consumer loans.
DR Bank
A financial partner that originates consumer loans on the VIVA Finance platform.
The details
VIVA Finance operates by facilitating consumer loans through partnerships with lenders including Thread Bank and DR Bank. The core mechanism of the lending platform relies on automatic repayments deducted directly from an employee's payroll. This structure allows the company to provide loans to individuals by leveraging the predictability of their steady income streams.
Timeline
VIVA Finance closed the $150 million Viola Credit facility on October 20, 2026.
The lending platform originally launched in 2020.
The firm previously secured over $220 million in capital on July 16, 2025.
Money Landscape
This move reflects the ongoing expansion of the payroll-linked lending sector, where companies leverage direct payroll deposits to manage credit risk. It follows a significant increase in capital activity within the industry over the past two years.
If you are considering payroll-linked loans, be aware that APRs on these products can range significantly from 11.99% to 35.99%. Before committing to a 36-month repayment plan, compare these terms with other credit options and consult with a financial professional.
The takeaway
Securing significant institutional funding allows lenders to maintain and grow their consumer loan offerings. Workers considering these loans should always verify the total interest cost over the life of the 36-month term before authorizing payroll deductions.
Further reading
For more information on the impact of consumer lending, visit Credit Cards.
Source note: This article includes information reported by The Industry Spread.
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