Vacation lender Up Lift adds partners and more funds

UpLift, a provider of consumer financing exclusively for the purpose of travel, added another airline and two tour operators to its supplier roster. Lufthansa, American Airlines Vacations and Vacation Express joined as supplier partners The company also received $200 million in additional lending capability and $90 million in equity financing. Among those participating in the new equity, round are funds managed by affiliates of Fortress Investment Group, which contributed $75 million. Previous investors -- including former Expedia CEO Erik Blachford, PAR Capital with Draper Nexus, and Highgate Ventures -- put up the other $15 million.