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SELECTED TRANSACTION DETAILS
Macquarie Group Provides Up to $200MM Revolving Warehouse Facility to Momnt and Saluda Grade
Monday, January 15, 2024

Lenders/Participants Macquarie Group [Lender]
Structure Revolving Asset-Backed Warehouse Facility
Amount $200.000 Million
Borrower(s) Momnt and Saluda Grade
Description The facility provides the Momnt / Saluda Grade joint venture with the additional capacity to purchase Momnt-facilitated home improvement loans, allowing the joint venture to provide U.S. homeowners with improved access to home renovation financing and to continue its success in broadening institutional support of the asset class via securitization.
Industry FinTech
Related Tags Fintech, Macquarie Group




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