Unsecured personal loans ABS by Marlette

Dr P Singh
Jan 2, 2017
1 min read

Aug 2016: $205m unsecured personal loans securitised by this 'market place' lender (which probably means it lends via an online platform).

Marlette has a partnership with Cross River Bank whereby CRB uses the platform to originate the loans. It seems to me that these are effectively warehoused on its balance sheet then securitised via Marlette when a critical mass is reached.

Details here and here

Recent Posts

See All

Helig-Myers furniture instalment loan securitisation

The furniture retailer offers instalment finance to customers who buy its furniture, and they pay their local store, i.e., collection is...

Compass Banca in consumer loans securitisation

Compass Banca - a bank that serves customers in Italy has securitised €2bn of its consumer loans [defined by the Regulatory Technical...

Bayport ABS

2016: Bayport is a South African originator of unsecured personal loans that are immediately securitised via a £500m (equiv) Asset-backed...

Comments