KBRA Assigns Preliminary Ratings to Avant Loans Funding Trust 2018-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Avant Loans Funding Trust 2018-A (“AVNT 2018-A”). This is a $221.935 million consumer loan ABS transaction that is expected to close on May 31, 2018. This transaction represents Avant, LLC’s (“Avant”, the “Servicer” or the “Company”) sixth rated securitization collateralized by a trust certificate backed by unsecured consumer loans originated through its online marketplace