KBRA Assigns Preliminary Ratings to Oportun Funding VIII, LLC, Series 2018-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of Oportun Funding VIII, LLC, Series 2018-A (“Oportun 2018-A”), a consumer loan asset-backed securities transaction. The collateral in the Oportun 2018-A deal includes approximately $194.46 million of loans, as of the January 31, 2018 statistical calculation date. The transaction includes a three-year revolving period during which additional collateral may be funded in the transaction so long