Deb-Ord Details

Business and Finance

COVE-8-FIN

Harvest Sells Small-Biz Loans for Cash

Harvest raises $93.1 million by packaging small-business loans into ABS.

Context

Asset Securitization Report says Harvest raised $93.1 million backed by small-business loans. Wall Street likes the cash machine when it works; this deal shows investors still want yield from consumer and small-business credit.

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