Mainspring’s affiliates originate a broad array of loan products for our business customers. Those loans range in credit quality and size from $15,000 to $500,000 and consist of Equipment Financing, Working Capital and Inventory Financing across many industries. Our affiliates credit team underwrites each transaction independently and makes an internal decision of credit quality and risk. After those loans are made, they then become available for investor purchase individually as loan pools. Loan servicing is provided by our affiliates for all loans originated.
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**Sale price shown is based on loan balance at time of approval, which may have changed during the review and closing process from payments towards the loan balance.