Ann: Marley Spoon closes US$65m credit facility, page-8

Debt makes sense if you think you're undervalued (so don't want to issue equity) but want some buffer (say against an unexpected short term drop in demand which would hit the business on two fronts: operating leverage and positive working capital) as well as the ability to invest beyond the nascent positive free cash being generated. At those levels, might be some $$s for acquisitions (last mile? Ready to Heat?) or more overhead/capability.
I think it's consistent with a management team that's confident in their future growth and core business model.
It's not like last time where the debt was really downside protected equity - it's coming from a place of strength not weakness.