Fidus Investment Secures $175 Million SPV Credit Facility with ING Capital and Partners
Fidus Investment Corporation has entered into a new credit and security agreement for a special purpose vehicle credit facility totaling $175 million in initial commitments. The agreement, signed on October 16, 2025, involves FIC Funding, LLC as the borrower, Fidus as servicer and equityholder, ING Capital LLC as administrative agent and lead arranger, and Western Alliance Trust Company, N.A. as custodian, collateral agent, and collateral administrator. The facility includes an accordion feature, allowing for an increase in total commitments up to $250 million, subject to certain conditions. In connection with this new facility, Fidus also terminated its previous senior secured revolving credit agreement and guarantee, pledge, and security agreement with ING Capital LLC.
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