Prosper Funding LLC sold borrower payment dependent notes tied to loans of $14,672.32, $9,000.00 and $4,443.95, offering investor yields of 7.00%, 21.56% and 26.70%. Investors receive terms linked to individual borrower loans, while historical return ranges and repayment patterns show that actual performance can vary.

Key Highlights

  • The $14,672.32 loan-linked note carries a Prosper Rating of AA and a $297.50 monthly payment.
  • The $9,000.00 series lists a 22.56% borrower rate and a 27.84% APR.
  • Series 14091206 corresponds to a $14,672.32 Loan rated AA, with a 7.00% investor Yield and an 8.00% borrower rate.
  • Series 14092649 corresponds to a $9,000.00 loan rated D, with a 21.56% investor yield and a 22.56% borrower rate.

Loan-Linked Notes Sold

Series 14091206 corresponds to a $14,672.32 borrower loan with a Prosper Rating of AA. Its investor yield is 7.00%, against an 8.00% borrower rate and an 11.59% APR. The stated monthly payment is $297.50, and the investor servicing fee is 1.00%.

Series 14092649 corresponds to a $9,000.00 loan rated D. The investor yield is 21.56%, while the borrower rate is 22.56% and the APR is 27.84%. The listed monthly payment is $251.44, with a 1.00% servicing fee.

Historical Return Ranges

The historical return range for the AA-rated series is 3.33% to 6.31%.

Prosper calculates historical returns from actual investor payments after fees and losses, including results from charged-off loans. The calculation is updated monthly and reflects loan performance associated with the relevant Prosper Rating or rating mix.

Historical performance is not a guarantee of future results.

Borrower Credit Profiles

The credit profile listed no current delinquencies, a revolving credit balance of $12,979 and bankcard utilization of 61%. The borrower connected to Series 14092649 had a Prosper score of 1 and a debt-to-income ratio of 27%. That application also included a co-borrower profile with combined stated monthly income of $35,417 and a combined debt-to-income ratio of 18%.

Investor Return Conditions

The notes are dependent on payments from the underlying borrower loans. Prosper states that credit information, employment details, income and borrower descriptions are presented without verification.

Repayment timing and delinquencies can affect the actual return received by investors.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1542574/000154257426000448/sales_20260824-0901.htm