Asset Backed Securitization news and trends

Quick Reads
Kabbage Raises $700M For SMB Lending

April 08, 2019
Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for $700 million. In a press release, Kabbage said the most senior class of the five-tranche transaction had an AA(sf) rating from Kroll Bond Rating Agency, the […]