KBRA Assigns Preliminary Ratings to Oportun Funding X, LLC, Series 2018-C

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of Oportun Funding X, LLC, Series 2018-C (“Oportun 2018-C”), a consumer loan asset-backed securities transaction. The collateral in the Oportun 2018-C deal includes approximately $263.16 million of loans, as of the September 20, 2018 statistical calculation date. The transaction includes a three-year revolving period during which additional collateral may be funded in the transaction so long a