Imprint has secured $2 billion in new debt funding capacity since April 2026, consisting of $1.5 billion of incremental warehouse capacity and a $500 million AAA-rated asset-backed securitization.
The transactions diversify the financial and loyalty platform’s funding sources, increase lending capacity and reduce its cost of fund margin by 23%.
In April, Imprint closed a new $1 billion warehouse credit facility with a syndicate including Bank of Nova Scotia, Royal Bank of Canada and TD Bank Group.
The company also doubled an existing warehouse facility from $500 million to $1 billion and added Citi as a lender alongside Mizuho, Truist and HSBC. Together, those transactions increased committed warehouse capacity by $1.5 billion.
In August, Imprint priced its second AAA-rated ABS transaction, PRNT 2026-A.
The securitization generated approximately $2.35 billion of investor orders, representing 4.7 times coverage at launch, compared with 1.7 times for Imprint’s first ABS transaction in October 2025.
Strong demand allowed Imprint to increase the size of the transaction from $300 million to $500 million.
Imprint provides co-branded financial and loyalty products for companies including Booking.com, H-E-B and Shell through digital cardholder experiences and an AI-powered loyalty platform.
KEY QUOTES:
“In under a year, we’ve significantly grown our funding capacity, doubled our lending partners, and lowered our borrowing costs. Together, that means a greater capacity to support our programs as they scale.”
Colin Groshong, Chief Financial Officer of Imprint
“The strong execution of the transaction was a testament to the quality and performance of Imprint’s credit card receivables and the strength of its overall platform. The depth of the investor book and the achieved pricing was particularly encouraging and underscored the continued appeal of Imprint’s ABS program to the market.”
Brett Bushinger, Managing Director, Asset Backed Securities at Mizuho
