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Parafin Closes $300 Million Forward-Flow Deal with NY-Based Alternative Asset Manager

Parafin Closes $300 Million Forward-Flow Deal with NY-Based Alternative Asset Manager

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SAN FRANCISCO--(BUSINESS WIRE)--Parafin, the leading embedded financial infrastructure company, today announced a new forward-flow agreement backed by a top New York-based alternative asset manager. Under this forward-flow agreement, up to $300 million of loans would be originated through Parafin's platform and purchased into a rated vehicle.Building on recently announced partnerships with Goldman Sachs and EverBank, along with renewed commitment from First Citizens, this agreement expands Paraf

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