[wpseo_breadcrumb]Continuing Momentum of Company’s Positive Credit Trends Demonstrated by Fourth MFT SecuritizationWilmington, DE – November 8, 2017 – Marlette Funding, LLC, a leading provider of online consumer lending platforms and services, announced today it closed its fourth proprietary “MFT” securitization. Approximately $312 million of Best Egg loans were financed via four classes of Notes and one class of Certificates with certain loan sellers retaining risk on a portion of the Notes and/or Certificates.The transaction was significantly oversubscribed and successfully priced, reflecting Marlette’s differentiated product offering and superior credit trends. Underwriting the transaction were Goldman Sachs, who served as the structuring agent, Citigroup and Deutsche Bank. The Class A, B, C and D fixed-rate Notes were rated AA (sf), A (sf), BBB (sf) and BB (sf), respectively, by Kroll Bond Rating Agency (KBRA). The transaction complied with the Dodd-Frank Act’s risk-retention requirement by utilizing a newly formed Majority Owned Affiliate owned by Marlette Funding, LLC.“Marlette Funding differentiates itself as a modern finance company with the business execution continuing on an upward trajectory. The growth in the investor base evident in this transaction and support of the investment community further validates our commitment to underwriting and credit performance,” said Karan Mehta, head of capital markets, Marlette Funding.The third “MFT” securitization of 2017 is yet another significant milestone for the company, and marks the first year that Marlette has securitized over $1 billion of loans. This transaction involved the sale of loans by Marlette and three other whole loan contributors who accessed the securitization markets via the MFT shelf. Going forward, Marlette expects to securitize at regular intervals in 2018 and continue to establish the programmatic nature of its capital markets program.The company continues to thrive under its leadership team which has deep consumer finance and banking experience and a strong focus on compliance and business controls. Marlette’s loan platform has sourced and serviced more than $4.5 billion Best Egg loans for Cross River Bank since its inception in March 2014.About Marlette Funding Marlette Funding is a next generation financial services company that simplifies how consumers borrow money. Our online personal loan platform enables qualified applicants to see loan offers in as little as three seconds and receive funds as soon as the next day. The first lending product on this platform, the Best Egg unsecured personal loan, has originated over $4.5 billion since launching in March 2014. For more information, visit www.marlettefunding.com.About Cross River Bank Cross River is a full service New Jersey State Chartered FDIC-insured bank. It has developed strategic partnerships with financial technology leaders to build fully compliant and integrated solutions for the marketplace lending and payment processing arenas. As disintermediation and financial independence increasingly fuel the new economy, Cross River is uniquely positioned to service both the established giants and the growing list of new entrants into these sectors. Corporate web site: www.crossriverbank.com.