Brex has announced a $200 million debt capital raise to help continue the expansion of its e-commerce product.

The capital comes in the form of a warehouse line of credit from Credit Suisse, backed by Brex’s corporate charge card receivables. This is the FinTech’s second warehouse line of credit – its first was a $100 million debt facility announced with Barclays Investment Bank in April.

It has also previously raised $315 million in equity financing from Y Combinator Continuity, Ribbit Capital, Greenoaks Capital, DST Global, IVP, Peter Thiel and Max Levchin.

Brex has continued to enhance its risk and financial operational team, with recent hires including head of credit Mira Srinivasan from American Express’s commercial card underwriting team; cash vice president Erica Dorfman from Tally’s finance and capital markets department; and payments vice president Marco Mahrus, from Uber’s payments team.

“Brex is strengthening its funding and credit infrastructure to support our rapid growth and market expansion,” said the company’s co-founder and co-chief executive Henrique Dubugras.

The e-commerce business launched in February and has added customers including The Black Tux, Perfect Keto, Outdoor Voices and UNTUCKit. The funding allows Brex to expand its service offering for online brands, which includes interest-free financing, 60 day payment terms, rewards and expense management software.

In 2018, Brex launched the first corporate card and rewards program specifically designed for startups.

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