Pagaya Signs Auto Forward Flow Agreement with Neuberger Specialty Finance Expanding Long-Term, Committed Capital Strategy
Pagaya signed a forward flow agreement with Neuberger Specialty Finance for the purchase of up to $700 million of auto loans sourced through Pagaya's network of auto lending partners, marking Pagaya's second auto forward flow deal and its first with Neuberger. NBSF, the asset-based finance arm of Neuberger, manages over $5 billion and has cumulatively invested more than $16 billion through 80 global origination partners since 2018, extending a partnership that already spans multiple capital markets and financing transactions.
Key figures
- Deal Value Usd
- 700000000
- Nbsf assets managed
- $5 billion
- Pagaya lending partners
- 35
- Nbsf cumulative invested
- $16 billion
- Nbsf origination partners
- 80
- Auto pct of network volume growth
- 75%
- Neuberger private markets commitments
- $165 billion
- Processed applications since inception
- $4 trillion
- Auto network volume annualized run rate
- $4.8 billion
AI analysis
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