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Jefferies Renews Loan Purchase Agreement with SMB Lender Bond Street
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Jefferies Renews Loan Purchase Agreement with SMB Lender Bond Street

Jefferies Renews Loan Purchase Agreement with SMB Lender Bond Street

Fintech Nexus Staff·
News RoundupOnline Lending
·Feb. 15, 2017·1 min read

Jefferies has renewed their loan purchase agreement with small business lender Bond Street; deal expands loan purchases to as much as $300 million building on a $100 million commitment from mid-2015; Bond Street has also expanded their term product and now will make loans from $10,000 to $1 million; previous loans were between $50,000 to $500,000; investors in the company include Spark Capital, Homebrew as well as the co-founder of Airbnb and David Chang, chef and owner of momofoku.  Source

  • Fintech Nexus Staff
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