Warburg Pincus – Mariner Finance

Warburg Pincus acquired Mariner Finance in 2013. The lender provides personal, car, and home loans, with personal loans ranging from $1,000 to $25,000. The report highlights the use of various fees—including a 'Recording/ Satisfaction Fee' of up to $151 and a $150 refinancing fee—which can increase loan costs. In February 2017, Mariner Finance issued $275 million in securities through the Mariner Finance Issuance Trust 2017-A.

• Mariner Finance provides personal loans between $1,000 and $25,000, with online options available up to $7,000, and also offers home and car loans.
• The lender employs a fee structure that can increase the cost of borrowing; in Delaware, this includes interest rates up to 36% and a 'Recording/ Satisfaction Fee' of up to $151, alongside other charges for internet payments, phone checks, mail commitments, and legal fees.
• Mariner Finance charges a $150 fee for refinancing loans, which the report suggests could create an incentive for the lender to encourage borrowers to refinance.
• In February 2017, Mariner Finance securitized its loans by issuing $275 million of Mariner Finance Issuance Trust 2017-A securities to investors.

APA

Private Equity Stakeholder Project (2017). Warburg Pincus – Mariner Finance. https://pestakeholder.org/reports/warburg-pincus-mariner-finance/

Chicago

Private Equity Stakeholder Project. Warburg Pincus – Mariner Finance. 2017. https://pestakeholder.org/reports/warburg-pincus-mariner-finance/.

Wikipedia

{{cite report |author=Private Equity Stakeholder Project |title=Warburg Pincus – Mariner Finance |date=11 December 2017 |url=https://pestakeholder.org/reports/warburg-pincus-mariner-finance/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{privateequitystakeholderproject2017warburg, author = {{Private Equity Stakeholder Project}}, title = {{Warburg Pincus – Mariner Finance}}, institution = {Private Equity Stakeholder Project}, year = {2017}, month = dec, url = {https://pestakeholder.org/reports/warburg-pincus-mariner-finance/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }