Perk Secures $300 Million Credit Facility to Accelerate Global Growth of Its AI-Native Platform
City AM
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The $300m facility backed by top-tier lenders reflects strong conviction in Perk's vision to build a leading AI-native platform for travel and spend management Perk enters its next phase of growth on the back of a 48% revenue growth in 2025, best-in-category gross margins, and a platform built for global scale The new credit facility upsizes and replaces Perk’s prior facility on materially improved terms, while increasing available capital to further strengthen an already strong balance sheet