Table Funding

A form of financing where the table funder will fund the loan at closing on behalf of the originating lender, so it appears as if the originating lender is providing the funds. After closing, the table funder will buy the loan and hold it under a generic company name to avoid any involvement in the original closing. This allows the originating lender to offer a loan without using their own funds.

Articles relating to Table Funding:

Table Funding v. Selling Loans for Private Lenders
What is the difference between Table Funding, White Labeling, Wholesale, and Correspondent Lending?