Bill.com Holdings Secures $300M Credit Agreement

Bill.com Holdings ( (BILL) ) has shared an announcement.

On May 23, 2025, Odin Financing, LLC, a subsidiary of BILL Holdings, Inc., entered into a Revolving Credit and Security Agreement with JPMorgan Chase Bank, providing up to $300 million in revolving loans to purchase BILL Divvy Corporate Card receivables. This agreement, which matures on November 23, 2027, includes a limited guaranty and indemnity agreement and is secured by the receivables and related collateral. The facility bears interest based on a secured overnight financing rate plus a margin, and includes covenants and events of default typical for such agreements.

The most recent analyst rating on (BILL) stock is a Hold with a $58.00 price target. To see the full list of analyst forecasts on Bill.com Holdings stock, see the BILL Stock Forecast page.

Spark’s Take on BILL Stock

According to Spark, TipRanks’ AI Analyst, BILL is a Neutral.

Bill.com Holdings shows strong financial performance, with impressive revenue growth and profitability improvements. Technical analysis suggests some short-term momentum, though longer-term trends are less favorable. Valuation remains a concern due to an extremely high P/E ratio and no dividend yield. The earnings call provides a positive outlook with strategic focus on AI and product expansion, but macroeconomic challenges pose risks. Overall, the stock is positioned for growth but is currently overvalued, presenting a balanced risk-reward profile.

To see Spark’s full report on BILL stock, click here.

More about Bill.com Holdings

Average Trading Volume: 2,364,501

Technical Sentiment Signal: Sell

Current Market Cap: $4.57B

For detailed information about BILL stock, go to TipRanks’ Stock Analysis page.