SR Alternative Credit Completes $20MM Senior Secured Financing for Subprime Auto Loan Originator
SR Alternative Credit provided $20 million in the form of a senior secured revolving-to-term credit facility to a specialty finance company that purchases and services seasoned subprime auto receivables backed […]
SR Alternative Credit provided $20 million in the form of a senior secured revolving-to-term credit facility to a specialty finance company that purchases and services seasoned subprime auto receivables backed […]
BELLINGS Intelligence Score: 12
Why it matters
This is a routine $20 million senior secured financing deal for a subprime auto loan originator, representing ordinary business activity with limited broader market impact or novelty.
Sources
ABF Journal
SR Alternative Credit Completes $20MM Senior Secured Financing for Subprime Auto Loan Originator
SR Alternative Credit provided $20 million in the form of a senior secured revolving-to-term credit facility to a specialty finance company that purchases and services seasoned subprime auto receivables backed […]