Prospa debuted in the securitisation market on 9 September with a A$200 million (US$145.2 million), National Australia Bank-arranged deal that is the first to be backed by small-business loans and lines of credit in Australia. Prospa’s chief financial officer, Ross Aucutt, treasury manager, Sanam Vikash and, capital management adviser, Raj Bhat, discuss the transaction’s complexities.
nonbank Yearbook 2021
KangaNews's sixth annual guide to the business and funding trends in Australia's nonbank financial-institution sector.