Pagaya signs deal with Neuberger Specialty Finance for up to $700 million in auto loans
Pulse2 reports that the agreement covers loans sourced through Pagaya’s lending partners and expands the company’s base of committed long-term capital.
TLDR
Pagaya Technologies has signed a forward flow agreement with Neuberger Specialty Finance covering the purchase of up to $700 million in auto loans, Pulse2 reports. The loans are sourced through Pagaya’s network of lending partners. The publisher describes the deal as expanding Pagaya’s base of committed long-term capital.
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Pagaya signs deal with Neuberger Specialty Finance for up to $700 million in auto loans
Pulse2 reports that the agreement covers loans sourced through Pagaya’s lending partners and expands the company’s base of committed long-term capital.
TLDR
Pagaya Technologies has signed a forward flow agreement with Neuberger Specialty Finance covering the purchase of up to $700 million in auto loans, Pulse2 reports. The loans are sourced through Pagaya’s network of lending partners. The publisher describes the deal as expanding Pagaya’s base of committed long-term capital.