{"anonymized_title":"North America PoS Lender Senior Secured Term Notes","anonymized_description":"Point-of-sale, lease-to-own fintech provider for underserved customers enabling purchases of durable goods such as furniture.","min_target_irr":"11.0","min_cash_interest_rate":"11.0","max_cash_interest_rate":"11.0","min_pik_rate":"0.0","disclaimer":null,"performance_fee":"0.0","management_fee":"0.0","expense_fee":"0.0","day_one_draw":"0.0","interest_rate_type":"Floating","anonymized_overview":"<p><span style=\"color: rgb(13, 13, 13);\">The Company provides a point-of-sale, lease-to-own solution for underserved customers enabling purchases of durable goods such as furniture, mattresses, and appliances. The Company funds purchases in the range of $300 to $5,000 and targets sub and near-prime borrowers (average 600 FICO score) with an average lease size of $1,000, established 12-month or 24-month term, and a 1.8x - 2.6x rent-to-own multiple. The Company’s proprietary underwriting model verifies FICO and collects additional data from third-party providers s to analyze numerous variables to evaluate and approve users. </span></p>","base_currency":null,"cash_interest_benchmark_rate":null,"cash_interest_spread":null,"kyc_metadata":{"kyc_type":"tradable_kyc","max_aml_risk_score":1,"allowed_countries":["US"],"entity_type":"Any","investor_status":"Any"}}