SelectQuote Secures $415 Million Credit Facility to Strengthen Financial Position
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
0mins
Source: Businesswire
- Successful Financing: SelectQuote has completed a new $415 million credit facility, consisting of a $325 million term loan and a $90 million revolving credit, significantly enhancing the company's liquidity and financial flexibility.
- Debt Maturity Extension: This financing extends the company's debt maturity to 2031, allowing for better planning of future capital structure and investment strategies, further solidifying its leadership in the Medicare insurance market.
- Cash Flow Validation: The confidence shown by Pathlight Capital and UMB Bank in this financing underscores SelectQuote's stability regarding its approximately $1 billion in commissions receivable and cash-generating capabilities, boosting investor confidence.
- Management Confidence Boost: SelectQuote CEO Tim Danker stated that this financing marks a significant milestone in capital structure optimization, expected to support the company's continued growth in the senior health insurance and healthcare services sectors.
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Analyst Views on SLQT
Wall Street analysts forecast SLQT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLQT is 6.00 USD with a low forecast of 5.00 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 1.440
Low
5.00
Averages
6.00
High
7.00
Current: 1.440
Low
5.00
Averages
6.00
High
7.00
About SLQT
SelectQuote, Inc. provides a technology-enabled, direct-to-consumer (DTC) distribution and engagement platform for selling insurance policies and healthcare services. The Company has four core business lines: SelectQuote Senior, SelectQuote Healthcare Services, SelectQuote Life, and SelectQuote Auto and Home. SelectQuote’s Senior division sells Medicare Advantage, Medicare Supplement, Medicare Part D, and other ancillary senior health insurance related products. SelectQuote Healthcare Services comprises SelectRx Pharmacy, a specialized medication management pharmacy, and Population Health which proactively connects its members with healthcare services that fit each member's healthcare needs. SelectQuote’s Auto & Home division primarily sells non-commercial auto and home, property and casualty insurance products. SelectQuote’s Life division sells term life, final expenses, and other ancillary products. SelectRx is a Patient-Centered Pharmacy Home (PCPH) accredited pharmacy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SelectQuote Secures $415 Million Credit Facility to Strengthen Financial Position
- Successful Financing: SelectQuote has completed a new $415 million credit facility, consisting of a $325 million term loan and a $90 million revolving credit, significantly enhancing the company's liquidity and financial flexibility.
- Debt Maturity Extension: This financing extends the company's debt maturity to 2031, allowing for better planning of future capital structure and investment strategies, further solidifying its leadership in the Medicare insurance market.
- Cash Flow Validation: The confidence shown by Pathlight Capital and UMB Bank in this financing underscores SelectQuote's stability regarding its approximately $1 billion in commissions receivable and cash-generating capabilities, boosting investor confidence.
- Management Confidence Boost: SelectQuote CEO Tim Danker stated that this financing marks a significant milestone in capital structure optimization, expected to support the company's continued growth in the senior health insurance and healthcare services sectors.
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SelectQuote Faces Investigation Over Alleged Illegal Payments Exceeding $80 Million
- Investigation Launched: Berman Tabacco announces an investigation into SelectQuote for allegedly receiving illegal payments from health insurers, potentially exceeding $80 million, highlighting significant governance risks within the company.
- Details of Allegations: The complaint alleges that between 2016 and 2021, SelectQuote received illegal payments from Humana and Aetna to steer customers towards their Medicare offerings, revealing direct involvement from senior executives.
- Stock Price Impact: Following the Department of Justice's complaint, SelectQuote's shares fell approximately 20%, indicating market concerns over corporate governance and compliance, which may lead to diminished investor confidence.
- Board Accountability: The investigation will focus on whether SelectQuote's board had a role in the scheme and if its executives breached fiduciary duties, potentially impacting future management decisions and the company's reputation.
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