Marketplace lender DirectMoney is soaking up equity and debt capital to accelerate growth, with at least three banks now providing wholesale funding.On Friday the firm set out plans to sell A$5.7 million in new shares via a one for two non-renounceable rights issue. The shares will be sold at 4.2 cents each, a discount of 0.3 cents.The non-bank lender is also in the midst of negotiating two "loan funding" facilities with banks.It said it signed a non-binding term sheet with "a major Australian financial institution" for a $20 million loan, a line of credit foreshadowed in an ASX announcement last month.The lender said it was also in negotiations with "another large institution" regarding a "similar" facility.DirectMoney already has one such facility in place with Macquarie Bank, which is also the firm's corporate adviser.These facilities, it said, "can provide $20 million to $70 million in capacity with loan sales in tranches of $5 million."Of the equity capital raised under the right issue, Direct Money said it would apply $3 million to lending, $1.8 million to working capital and $300,000 to marketing. Some of the marketing spend would be allocated to radio and television.Bell Potter Securities will underwrite the share sales with Adcock Private Equity as sub-underwriter. DirectMoney put the level of loans "owned or under management" at $13.7 million at the end of May 2016. None of these loans are impaired.It said it had advanced 896 loans worth $17.6 million at an average rate of 12.7 per cent since getting into business two years ago.