Groundfloor, the private investing and lending platform known for its higher premium residential transition loan (RTL) securitization, is doubling down on its new venture into consumer loans, with a non-securitized private credit offering.
Consumer Credit Portfolio II hopes to raise $3 million by May 24, when the subscription window closes, according to a company statement.
It is a relatively small amount in the scope securitized transactions, but the offering doubles down on Atlanta, Ga.-based Groundfloor's first venture outside of real estate.
Investors must invest a minimum of $10,000.
In February the company began offering accredited investors diversified exposure to short-term consumer loans, the company said. The current portfolio aims for fixed annual returns of 10.00%, with quarterly distributions over a 45-month term, the company announced.
In the securitization industry, Groundfloor is known for offering specific investors a spread premium over rated RTL asset-backed securities (ABS) after it came to market with a $75 million Rule 144A offering in December 2024.
It was able to do 10 basis points better with its second securitization of deferred-pay RTLs, an unrated $82 million deal that closed in May 2025.
Groundfloor did not say directly whether the Consumer Credit Portfolio II is bound for funding through the securitization channel, but the company has arranged more than $2.2 billion in investments and served more than 300,000 clients.
