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Enova International is preparing a US$500.25m securitisation backed by small-business loans originated through its OnDeck platform, with newly disclosed credit data showing annualised net charge-off rates of 14.5 per cent on a comparable portfolio of credit lines. The proposed transaction,...
#asset backed securities#credit losses#Enova International
Enova International has reset the revolving receivables facility funding its Headway Capital small-business lending portfolio at US$535m, reducing commitments by…
#Enova International#Headway Capital#HWC Receivables 2023