Washington defeats No. 17 USC, 17-12

JPMorgan Chase & Co.

Online lender ZestFinance secures $150-million credit line

As investors pour huge sums into online lending firms, ZestFinance in Hollywood is the latest to find a big backer, securing a $150-million credit line from New York's Fortress Investment Group. The deal, announced Monday, will enable Zest to expand its new lending arm, Basix, which launched in July and is aimed at borrowers with middling credit — those who might not qualify for a loan from popular online lenders such as Prosper or Social Finance Inc. Through Basix, Zest offers personal loans of $4,000, to be paid back over three years at a 30% interest rate. Those loans are now available in 15 states, including California. The lender eventually plans to offer loans of...