KBRA Assigns Preliminary Ratings to Avant Loans Funding Trust 2017-B

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Avant Loans Funding Trust 2017-B (“AVNT 2017-B”). This is a $232.648 million consumer loan ABS transaction that is expected to close on November 1, 2017. This transaction represents Avant, Inc.’s (“Avant”, the “Servicer” or the “Company”) fifth rated securitization collateralized by a trust certificate backed by unsecured consumer loans originated through its online marketp