Startup Lendbuzz issues inaugural thin-file securitization

The lender originated $83 million in Q2 2021

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© Can Stock Photo / kentoh

Startup Lendbuzz pulled off a rated transaction in which more than half of the securitized loans had no credit score. The $204.34 million securitization was a first for the Boston-based lender, which caters to car buyers — including undocumented immigrants — who lack credit history. Kroll Bond Rating Agency assigned an A rating to the […]

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