## Enhanced Group Obtains Investment for Growth
The Danish platform, Better Collective, recognized for its informative materials in the iGaming sector, has secured substantial financial support to propel its acquisition-driven expansion plan. The firm has entered into a credit agreement with Nordea Bank amounting to $41.3 million.
This augments a preexisting arrangement with Danske Bank for $12.16 million, raising the total credit line accessible for upcoming acquisitions to a considerable $53.46 million. This ongoing collaboration with Nordea, initiated in 2017, highlights their belief in Better Collective’s objectives. The interest rates for these loans are linked to typical banking rates.
Jesper Søgaard, CEO and originator of Better Collective, conveyed his excitement, remarking, “Having effectively finalized eight acquisitions in 2017 and commencing 2018 with two more already secured, we are swiftly reinforcing our dominant position within the European iGaming affiliate market. Obtaining this financing enables us to sustain this impetus and grants us the adaptability to assertively pursue acquisitions that will further expedite Better Collective’s achievements.”