Alignment Credit and Prudential Impact Investments provide $18.0 million senior secured term loan to Qumpus, Inc. (d/b/a Better World Books)

New York, NY — Alignment Credit partners with Prudential Impact Investments provide a senior secured term loan to Qumpus, Inc. (d/b/a Better World Books). Alignment Credit acted as lead arranger and administrative agent.

Better World Books (https://www.BetterWorldBooks.com) is a for-profit socially conscious business and a global online bookseller that collects and sells new and used books online matching each purchase with a book donation, Book-for-Book™. Each sale generates funds for literacy and education initiatives in the UK, US, and around the world. Since its launch in 2003, Better World Books has raised more than $27 million for libraries and literacy, donated over 26 million books and reused or recycled over 313 million books.

Alignment Credit provides $15.0 senior secured term loan to Tough Mudder, Inc.

New York, NY — Alignment Credit acted as lead arranger and administrative agent on the funding of a senior credit facility to support the growth plan for Tough Mudder, Inc.

Tough Mudder (https://toughmudder.com/) is an endurance event series in which participants attempt 10–12-mile-long obstacle courses. The obstacles often play on common human fears, such as fire, water, electricity, and heights.