Nomura Securities International

ABL closes $200M securitization, its largest, lifting total to $723M

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ABL closes $200M securitization, its largest, lifting total to $723M

JERSEY CITY -- November 12, 2026 -- Asset Based Lending (ABL), a New Jersey private lender, closed a $200 million unrated securitization on October 26, the largest of its four deals to date, according to the company. The transaction, ABL 2026 RTL-1, lifts the lender's cumulative securitization volume to $723 million.

The three earlier deals therefore total $523 million, an average of about $174 million each, by FairsOnline's calculation. At $200 million, the new deal is about 15% larger than that average.

ABL moved the deal from pricing to close in 11 days

RTL-1 priced on October 15 and closed on October 26. ABL says the deal reached the market in about three weeks, one of its fastest securitization executions. It describes conditions as volatile, with investors more selective across the securitization market, and says it still secured competitive financing terms. ABL did not disclose the coupon or the share of ground-up loans in the pool.