NatWest provides subprime car finance facility for Provident's Moneybarn

Tom Brown

January 15, 2020 01:15 PM

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Provident Financial Group, the UK specialist lender, has agreed a bilateral securitization facility with NatWest Markets to fund up to £100m of vehicle finance receivables from its Moneybarn subprime brand. The facility is expected to grow to £275m over the next 18 months.

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Topics

ABS Securitization UK Europe EMEA NatWest Markets

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Tom Brown