Mariner Finance is prepping a first-time $225 million asset-backed notes issuance supported by nearly 90,000 subprime and nonprime personal loans, according to a pre-sale report published Thursday by Standard & Poor’s.

Mariner Finance Issuance Trust 2017-A is supported by more than $250 million in both secured and unsecured loans underwritten or acquired by the 300-branch loan and insurance products firm operating in 22 states.

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