Settle Secures Up to $100 Million Forward-Flow Financing Agreement with 3Jane
Inventory financing provider Settle has entered into a forward-flow agreement with structured credit platform 3Jane. The facility provides an initial $50 million in capacity, with the option to expand to $100 million. As part of the deal, 3Jane has already purchased $18 million of Settle's existing loans and will continue to purchase eligible new loans moving forward. The partnership utilizes 3Jane’s blockchain-powered conduit model to provide capital via stablecoin liquidity. This structure is intended to lower financing costs for Settle while freeing up capital for new originations. By selling loans through this facility, Settle can scale its lending operations for consumer and ecommerce brands without the need for costly standalone securitization programs.
Topics: capital efficiency fintech forward-flow agreement inventory financing structured credit