CLN on Consumer Debt Receivables

Alt Lending LLC is a private equity-backed Delaware specialist lender offering an education loan refinance program to U.S. borrowers. They help distressed, delinquent, and defaulted borrowers restructure their private student loans at low fixed interest, incentivising repayment. There is a $30 billion untapped private education loan market. Private student loans in the U.S. are heavily protected against default and bankruptcy. Alt Lending pairs this with receiving escrow payments and guarantors on the restructured loans to ensure maximum security and mitigate borrower default.

Alt Lending had historically relied on equity capital to fund portfolio acquisitions and growth, creating constraints around scale, capital efficiency, and investor concentration. The business required a structured debt solution that could support the acquisition and servicing of distressed, delinquent, and defaulted U.S. private student loans, while allowing management to remain focused on operations.

Kingsbury & Partners advised on the structuring and launch of an institutional, asset-backed issuance via a Credit Linked Note designed to syndicate capital across professional investors. We coordinated counterparties, aligned documentation and governance, and delivered a largely hands-off funding framework that enabled Alt Lending to scale origination without ongoing capital-raising friction.