KBRA Assigns Preliminary Ratings to Oportun Funding VII, LLC, Series 2017-B

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of Oportun Funding VII, LLC, Series 2017-B (“Oportun 2017-B”), a consumer loan asset-backed securities transaction. The collateral in the Oportun 2017-B deal includes approximately $222.22 million of loans, as of the August 31, 2017 statistical calculation date. The transaction includes a three year revolving period during which additional collateral may be funded in the transaction so long a