Funding Circle, the leading small business loans platform in the UK, US, Germany and the Netherlands, today closed its second asset-backed securitization (ABS) of US small business loans originated through its platform. The $252 million deal is the seventh securitization of Funding Circle business loans globally, and the second in the US after a first securitization in August 2019.
Read more here: https://finance.yahoo.com/news/funding-circle-closes-252-million-200000436.html