3Jane Executes $8.5M Whole-Loan Purchase with Slope
3Jane has executed an $8.5 million whole loan purchase with Slope, the embedded credit infrastructure provider powering business lending programs for Slash, the Fortune 10, and other U.S. commerce platforms. Loans are originated by Lead Bank, Member FDIC.
USD3 and sUSD3 fund the purchase, which carries an ~8.7% APY and is backed by a diversified pool of ~150 SMB line-of-credit receivables with a ~3.6-month weighted-average term.
- Deal type: whole-loan purchase of a defined pool of already-originated Slope receivables
- Deployed: ~$8.5M
- Net APY: ~8.74%
- Underlying: 156 SMB line-of-credit receivables, originated across Slope's marketplace and platform partners
- Weighted-average life: ~108 days (~3.6 months)
- Servicing: Slope remains servicer
This opens up SMB lines of credit as a new asset class for cryptonative capital, financing thousands of U.S. vendors and businesses directly through Slope's embedded lending infrastructure. 3Jane is the buyer of record on the receivables underwritten by Slope, with no credit fund intermediary, synthetic exposure, or tokenized claim on a third-party asset pool.
For Slope, the transaction adds a new institutional funding channel alongside its existing capital relationships, freeing balance-sheet capacity to scale embedded credit programs with platforms such as the Fortune 10 and Slash and to support continued origination growth across its enterprise partners.
How it Works
- Lenders → 3Jane. Depositors supply capital into the 3Jane capital stack by minting USD3, the senior tranche, or staking into sUSD3, the junior tranche.
- 3Jane → Slope (whole-loan purchase). 3Jane purchases a defined pool of already-originated Slope SMB receivables.
- Slope → SMB borrowers (already originated). Credit was already extended to SMBs inside Slash and to businesses operating on the Fortune 10 and other platforms. Slope remains the servicer, continuing to collect and manage borrower relationships.
- Borrowers → collection waterfall. SMBs repay principal and interest on their existing schedules.
Key terms of the facility and details on the underlying receivables are published on 3Jane's backing page: https://app.3jane.xyz/info/pulls/fcc
A New Era for Fintech Lenders
3Jane is replacing the capital-markets gauntlet fintech lenders normally face. To scale, originators usually move step-by-step from a bank warehouse, to forward-flow buyers, to an ABS program — a multi-year path gated by intermediaries, fixed costs, legal overhead, renewal risk, and minimum scale thresholds. 3Jane compresses that path into a single programmable conduit: pooled, perpetual, tranched capital that can provide institutional-grade warehouse funding and whole-loan purchases today and scales toward ABS-like economics within the same conduit — without rebuilding your funding stack at every stage. Instead of relying on one bank or one forward-flow buyer, the facility is funded by a globally syndicated diversified pool of stablecoin liquidity that is embedded within the broader DeFi universe.
About Slope
Slope is the credit infrastructure for business lending. Slope enables platforms and enterprises to offer embedded financing products, including payment terms, checkout financing, and line of credit, while merchants receive funds upfront and buyers pay over time. At the core of Slope is the Slope Transformer, a large language model trained on SMB bank transactions, and SlopeScore, a cashflow-based credit score that turns raw business transaction data into real-time underwriting signals. Slope is a financial technology company, not a bank. Credit products powered by Slope are originated by Lead Bank, Member FDIC, subject to credit approval.
Read more: https://slopepay.com/
About 3Jane
3Jane is a cryptonative credit protocol offering programmable credit facilities for fintech lenders. Access $5m–$200m in capital through warehouse lines, participations, and forward flows. Scale as you grow. Economics that improve over time. 3Jane issues a credit-backed dollar (USD3) and its levered yield form (sUSD3) to fund facilities.
Read more: https://www.3jane.xyz/capital
3Jane was represented on the transaction by Jesse Miller of the law firm Structured Execution LLC.
