Tagged: waterfall asset management

June 23, 2023 @ 7:16 am By Omar Faridi  |  

Funding Circle (LSE: FCH),which claims to be the UK’s largest small business lending platform, and Waterfall Asset Management (WAM), a multi-national institutional asset manager, announce “the closing of a £240m securitization backed by SME loans.” The loans, “financed by funds managed by WAM, and originated… Read More

May 15, 2022 @ 6:37 pm By Omar Faridi  |  

Deserve, the venture-backed Fintech firm expanding and powering the real-time credit card economy, recently announced a $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve’s digital-first, mobile-centric, and “highly configurable” credit card platform, the company will “use this new… Read More

August 16, 2020 @ 5:13 pm By Omar Faridi  |  

The Honeycomb Investment Trust (LON: HONY), which focuses on investing in credit assets originated by non-bank lending platforms, mainly in the UK, might be getting ready to make another offer to Pollen Street Secured Lending (PSSL), according to a public statement. PSSL’s board members had… Read More

December 2, 2019 @ 3:08 pm By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE:FCH) recently unveiled its £250 million securitization of SME loans with Waterfall Asset Management. The duo reported that the portfolio brings the total amount of UK Funding Circle loans securitized to £1 billion and the deal will notably open up… Read More

October 2, 2017 @ 8:12 am By JD Alois  |  

  ESF Capital, along with its operating subsidiary ThinCats – a secured peer to peer lending platform, reports it has concluded a funding program for loans of up to £5m for growing UK small and medium-sized enterprises (SMEs). The new £200 million funding program comprises… Read More

January 18, 2017 @ 3:24 pm By Samantha Hurst  |  

Online consumer lending platform, BorrowersFirst, announced on Wednesday it secured an additional $100 million in debt financing to accelerate loan originations, and fund the continuous growth of its balance sheet.  With this new facility, the lender has secured $400 million to support its profitable growth. … Read More