Global Jet Capital announced the closing of its BJETS 2024-1 securitization, raising approximately $575 million. BJETS 2024-1 is Global Jet Capital’s seventh asset-backed security (ABS) offering, bringing total assets securitized to approximately...
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April 18, 2024, 07:05 AM
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GreatAmerica Financial Services Corporation announced it has closed on its 24th term securitization in $655,260,000 of privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds in the transaction as AAA, unchanged from the prior seven...
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February 06, 2024, 07:20 AM
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Amur Equipment Finance, Inc. announced the completion of its 13th term securitization, in which it issued $406.3 million in notes secured by equipment loans and leases originated through its platform. Over 50 unique investors participated in this...
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February 01, 2024, 07:23 AM
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Global vendor finance company, DLL, announced the closing of “DLLST 2024-1”, the first U.S. securitization transaction this year, issuing notes totaling $750 million. The notes are backed by loans and leases secured with office equipment and...
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January 26, 2024, 06:30 AM
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Varilease Finance, Inc. (dba VFI Corporate Finance), a finance firm that has specialized in equipment and project financing for decades, announced the closing of its second asset-backed securitization in the fourth quarter of 2023. This most recent...
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January 24, 2024, 07:20 AM
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Ashland Place Finance LLC (Ashland Place), a commercial aviation financing platform, announced the pricing of APL Finance 2023-1 Designated Activity Company and APL Finance 2023-1 LLC (together, "APL Finance 2023-1"), its first aviation loan...
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December 18, 2023, 07:10 AM
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Dext Capital, a lender in healthcare equipment finance, announced the successful closing of its fourth asset-backed securitization. The $232 million trade was comprised of four investment-grade notes including a money market tranche and a AAA class...
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November 29, 2023, 07:20 AM
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The Greenbrier Companies, Inc., an international supplier of equipment and services to global freight transportation markets, announced the completion of a follow-on offering of railcar asset-backed securities (ABS) securing long-term financing for...
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November 21, 2023, 07:18 AM
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Channel announced it has completed a second Equipment Finance securitization; a $190 million issuance of asset-backed notes collateralized by a diverse portfolio of Equipment Receivables. This is the fifth securitization for Channel having completed...
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November 20, 2023, 07:23 AM
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Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced it has finalized a $427,538,000 term asset-backed security (ABS) transaction (CCGR Trust 2023-2). The securitization was placed with a diversified...
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November 15, 2023, 06:55 AM
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Equify Financial announced the successful closing of its latest securitization, EQFY 2023-1. The total value of the securitization reached an impressive $157,991,000 in large ticket equipment notes.Through the guidance of, ATLAS SP PARTNERS, Equify...
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October 12, 2023, 07:15 AM
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KBRA assigns preliminary ratings to four classes of notes issued by VFI ABS 2023-1, LLC (VFI 2023-1), an equipment ABS transaction.Varilease Finance (VFI or the Company), founded in 2001 and headquartered in Salt Lake City, Utah, is an independent...
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October 12, 2023, 07:00 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced the closing of its seventh asset backed securitization (ABS), NMEF Funding 2023-A. The $456 million transaction is NMEF’s first ABS...
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September 22, 2023, 07:24 AM
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Verdant Commercial Capital, LLC, the nation’s sixth largest independent equipment finance company, announced the closing of its initial 144a term securitization. “VERD 2023-1” issued notes totaling $251,253,000 that are backed by a diverse portfolio...
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August 23, 2023, 07:23 AM
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Global vendor finance company DLL announced the closing of “DLLAA 2023-1,” a U.S. securitization transaction, issuing notes totaling $1 billion. The notes are backed by loans and leases secured with new and used agricultural equipment originated by...
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August 03, 2023, 07:25 AM
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Channel, a lender specializing in equipment finance and working capital, announced the successful completion of its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes...
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July 10, 2023, 07:23 AM
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Amur Equipment Finance, Inc. (Amur) announced the completion of its 12th term securitization, in which it issued $377 million in notes secured by equipment loans and leases originated through its platform. Thirty-eight unique investors participated...
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July 06, 2023, 07:17 AM
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North Mill Equipment Finance (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced the company won the prestigious GlobalCapital US Securitization Award for ABS Deal of the Year for 2022 for its NMEF 2022-A equipment...
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June 14, 2023, 07:23 AM
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GreatAmerica Financial Services Corporation announced it closed its 23rd securitization of $549,277,000 in privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds in the transaction as “AAA,” the same as the prior six transactions from...
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May 25, 2023, 07:15 AM
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Global vendor finance company DLL announced the closing of “DLLMT 2023-1,” its second U.S. securitization transaction this year, issuing notes totaling $850 million. The notes are backed by loans and leases secured with construction, transportation...
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May 25, 2023, 07:10 AM
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Kroll Bond Rating Agency, LLC has assigned preliminary ratings to five classes of notes issued by Dext ABS 2023-1, LLC (Dext 2023-1), an equipment ABS transaction.Dext 2023-1 represents the third equipment ABS transaction to be sponsored by Dext...
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March 28, 2023, 07:07 AM
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Charlotte, NC-based equipment finance company Commercial Credit Group Inc. (CCG) announced it has finalized a $397,080,000 term asset-backed security (ABS) transaction. The securitization was placed with a diversified group of fixed income investors...
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March 21, 2023, 07:18 AM
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Verdant Commercial Capital, LLC announced the closing of its inaugural term securitization, Verdant Receivables 2022-1. Verdant provides sales financing by partnering with sellers of capital equipment and computer software.The transaction was...
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February 07, 2023, 07:18 AM
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DLL announced the closing of “DLLAD 2023-1”, a U.S. securitization transaction issuing notes totaling USD 850 million. The notes are backed by loans and leases secured with agricultural, golf course and turf equipment.The transaction is rated F1+/P-1...
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February 03, 2023, 07:28 AM
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Crossroads Equipment Lease and Finance, LLC priced its $161 million ABS backed by commercial truck loans to substantial demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment securitization...
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December 27, 2022, 07:20 AM
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Marathon Asset Management, L.P., a global credit manager, announced the closing of MAST 2022-1, its inaugural aircraft securitization. The transaction was privately issued and resulted in the placement of $304 million of debt backed by a pool of 15...
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December 14, 2022, 07:12 AM
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KBRA assigned preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2022-B (MMAF 2022-B), an equipment ABS transaction.MMAF 2022-B represents the 18th equipment ABS sponsored by MassMutual Asset Finance LLC (MMAF). MMAF is...
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October 27, 2022, 07:09 AM
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North Mill Equipment Finance LLC (NMEF) announced the closing of its sixth commercial equipment backed securitization (ABS), NMEF Funding 2022-B. The $353 million transaction is North Mill’s second ABS transaction this year, bringing the total...
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October 18, 2022, 07:25 AM
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GreatAmerica Financial Services Corporation announced it successfully closed its 22nd term securitization of $637 million in privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds being issued at AAA, with S&P moving to improve the A+...
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October 14, 2022, 07:24 AM
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National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its second asset-backed securitization (ABS) for $125 million. Guggenheim Securities served as sole structuring advisor and the...
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October 05, 2022, 07:18 AM
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Amur Equipment Finance, Inc. announced the completion of its 11th term securitization in which it issued $466 million in notes secured by equipment loans and leases originated through its platform. This transaction was rated by Moody’s and DBRS, with...
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September 22, 2022, 07:24 AM
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Chesswood Group Limited announced its subsidiary, Pawnee Leasing Corporation, has closed its marketed U.S. securitization of receivables. Proceeds from this securitization totaled $347 million and will be used to repay Pawnee's warehouse facility and...
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August 12, 2022, 07:23 AM
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Channel announced the completion of its first equipment finance securitization, a $163 million issuance of asset-backed notes collateralized by a diverse portfolio of equipment receivables. This is the second securitization for Channel having...
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July 12, 2022, 07:23 AM
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Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company based in Charlotte, NC, announced it has completed a $420,650,000 term asset-backed security (ABS) transaction. It was the company’s 15th asset-backed security...
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June 22, 2022, 07:22 AM
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Global vendor finance company DLL announced the closing of “DLLST 2022-1,” a U.S. securitization transaction issuing notes totaling $837 million. The notes are backed by loans and leases secured with office equipment and technology solutions.The...
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May 05, 2022, 07:22 AM
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Varilease Finance, Inc. (VFI) a corporate financing firm specializing in equipment and project financing, announced the closing of its asset-backed securitization.The issuance shortly follows VFI’s investment grade rating by the NRSRO; the...
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May 03, 2022, 07:00 AM
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The Equipment Leasing & Finance Foundation (Foundation) released a new study, “Equipment Finance Funding, Securitization & Syndication: Best Practices for Today and Tomorrow,” designed to analyze and report on COVID-19’s impact on the funding markets...
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April 12, 2022, 07:20 AM
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North Mill Equipment Finance LLC (NMEF) announced the closing of its fifth commercial equipment backed securitization (ABS), NMEF Funding 2022-A (NMEF 2022-A). The $371,070,000 transaction represents North Mill’s largest ABS issuance to date...
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March 07, 2022, 07:18 AM
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Kapitus, a provider of small business financing, announced the closing of a $200 million asset-backed securitization (ABS). This new financing positions Kapitus for continued growth following a banner year in 2021, which saw the company’s highest...
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February 10, 2022, 07:20 AM
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BNP Paribas Leasing Solutions announced the successful issuance of its first securitization on behalf of its affiliate BNP Paribas Lease Group SA. The $566 million (EUR 500 million) transaction is the first ever public securitization on professional...
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December 28, 2021, 07:15 AM
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Accord Financial Corp. announced the closing of its first private securitization facility agented by a Fortune 500, A.M. Best A+ rated Canadian life insurance company. This $100 million facility is a significant milestone for Accord, advancing the...
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December 17, 2021, 07:22 AM
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Atalaya Capital Management, an alternative asset manager focused on asset-backed private credit and special opportunities, announced the securitization of equipment leasing assets from its Atalaya Equipment Leasing Fund I (AELF). The ABS issuance was...
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December 10, 2021, 07:24 AM
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Channel announced it has completed its first securitization, a $105 million issuance of asset-backed notes collateralized by small business loans and advances across a diverse set of industries.The notes consist of three classes, rated A (sf), BBB...
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December 08, 2021, 07:21 AM
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Commercial Equipment Finance, Inc. (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico, announced it has closed a $90.9 million asset-backed security (ABS) transaction. The proceeds will be used to pay down...
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December 01, 2021, 07:19 AM
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Global vendor finance company DLL announced the closing of “DLLMT 2021-1,” a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with construction, transportation and industrial related...
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November 04, 2021, 07:25 AM
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Chesswood Group Limited announced that its subsidiary Pawnee Leasing Corporation has closed its marketed U.S. securitization of receivables. Proceeds from this securitization totaled $356 million and will be used to repay Pawnee's warehouse facility...
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October 27, 2021, 07:20 AM
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Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company based in Charlotte, NC, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction. The $319,395,000 financing was placed with...
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October 21, 2021, 07:20 AM
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GreatAmerica Financial Services Corporation completed its 21st issuance of $513.8 million in privately placed bonds with institutional investors. This issuance of asset-backed bonds secured by a pool of leases comes on the heels of an earlier...
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October 11, 2021, 07:23 AM
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Global vendor finance company DLL announced the closing of “DLLAD 2021-1,” a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with food- and agriculture-related equipment.The...
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July 29, 2021, 07:23 AM
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Global Container International LLC (GCl) announced the successful offering of $253 million fixed rated asset-backed notes secured by marine cargo containers subject to long-term lease. The Series 2021-1 offering consisted of Class A and Class B Notes...
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June 07, 2021, 07:21 AM
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Encina Equipment Finance, LLC (EEF) announced the pricing and closing of its first asset-backed securities transaction. The $258.4 million offering was backed by a diverse pool of equipment loans and leases to 43 obligors across a variety of...
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June 01, 2021, 07:25 AM
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Global vendor finance company, DLL, and AGCO, a global leader in the design, manufacture and distribution of agricultural equipment and solutions, announced the closing of “DLLAA 2021-1”, a U.S. securitization transaction issuing notes totaling $1.0...
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May 06, 2021, 07:23 AM
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Amur Equipment Finance, Inc. announced the successful closing of its ninth term securitization, its largest ever, in which it issued $346 million in notes secured by equipment loans and leases originated through its platform. “This issuance was met...
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April 22, 2021, 07:23 AM
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North Mill Equipment Finance LLC announced the closing of its fourth commercial equipment backed securitization (ABS), NMEF Funding 2021-A (NMEF 2021-A). The $236,588,000 ABS issuance was well received by institutional investors, evidenced by strong...
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March 22, 2021, 07:23 AM
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Centra Funding, LLC announced the completion of its first securitization of equipment finance receivables, Centra Funding 2021-1. The proceeds from this securitization amount to approximately $69 million and will be used for the continuing growth of...
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March 17, 2021, 07:00 AM
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36th Street Capital Partners, LLC announced the successful securitization of equipment loans and leases through a private loan transaction with pension and insurance companies as lenders. The transaction involves the securitization of $138 million of...
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March 11, 2021, 07:20 AM
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Stonebriar Commercial Finance, a large-ticket independent diversified commercial finance and leasing company, announced it has closed its eighth asset-backed securitization (ABS), SCFET 2021-1. The ABS issuance is secured by a portfolio of commercial...
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March 04, 2021, 07:25 AM
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Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2021-1 transaction). The $327,821,000 financing was placed...
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February 17, 2021, 07:22 AM
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GreatAmerica Financial Services Corporation completed its 20th term securitization of $631.5 million in privately placed bonds with institutional investors. GreatAmerica uses proceeds from its securitizations to pay off debt in its warehouse and...
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February 16, 2021, 07:22 AM
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Crossroads Equipment Lease and Finance, LLC recently priced its $163 million ABS debut backed by commercial truck loans to solid demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment...
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February 10, 2021, 07:22 AM
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Balboa Capital, a direct lender that offers equipment financing and small business loans, announced it has closed its seventh equipment asset-backed securitization (ABS), a $201 million issuance. Truist Securities, Inc. served as structuring agent...
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November 03, 2020, 07:23 AM
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Chesswood Group Limited announced the closing by its subsidiary Pawnee Leasing Corporation of its second marketed U.S. securitization of receivables. Proceeds from this securitization were $183 million and will be used to repay Pawnee's two...
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October 01, 2020, 07:10 AM
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Stonebriar Commercial Finance announced it has closed its seventh commercial equipment asset-backed securitization (“ABS”), SCFET 2020-1, a $572 million ABS issuance with top tranches achieving the highest possible short-term and long-term ratings...
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August 20, 2020, 07:20 AM
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Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2020-1 transaction). The $326,962,000 financing was placed...
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August 18, 2020, 07:25 AM
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Amur Equipment Finance, Inc. (AmurEF) announced the successful closing of its eighth term securitization, in which it issued $226.3 million in notes secured by small- and mid-ticket equipment loans and leases. In the last two years, AmurEF has...
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June 19, 2020, 07:25 AM
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GreatAmerica Financial Services Corporation completed its 19th term securitization, of $656.4 million, in privately placed bonds with institutional investors. GreatAmerica uses proceeds from its securitizations to pay off debt in its warehouse and...
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February 24, 2020, 07:22 AM
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Ascentium Capital LLC reported $1.5 billion in funded volume, representing a 22.3 percent increase over last year. Highlights for the company during 2019 included:
Managed $2.43 billion in assets representing 20 percent growth;
Closed a $398...
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January 14, 2020, 07:25 AM
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North Mill Equipment Finance announced the closing of its third commercial equipment asset-backed securitization (ABS), NMEF Funding 2019-A. The $164 million ABS issuance priced at a duration weighted average yield of 3.15 percent. The proceeds will...
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December 10, 2019, 07:22 AM
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Stonebriar Commercial Finance announced it has closed its sixth commercial equipment asset-backed securitization (ABS), SCFET 2019-2, a $685 million ABS issuance with top tranches rated triple A.SCFET 2019-2 is secured by a portfolio of commercial...
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November 11, 2019, 07:30 AM
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Ascentium Capital issued a $398 million small ticket equipment securitization, representing the Company’s twelfth and largest offering since 2012. Ascentium Equipment Receivables 2019-2 Trust features AAA and Aaa ratings from Standard & Poor's and...
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October 24, 2019, 07:30 AM
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Chesswood Group Limited announced the closing by its subsidiary Pawnee Leasing Corporation of its first marketed U.S. securitization for Pawnee's prime receivables. Proceeds from the $254 million securitization will be used to pay down Pawnee's...
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October 10, 2019, 07:29 AM
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Moody's Investors Service has assigned definitive ratings to the notes issued by HPEFS Equipment Trust 2019-1 (HPEFS 2019-1). This is the first issuance for Hewlett-Packard Financial Services Company (HPEFS), a wholly owned subsidiary of Hewlett...
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September 23, 2019, 07:20 AM
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National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its first asset-backed securitization (ABS) for $120 million. Guggenheim Securities served as sole structuring advisor and sole...
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September 04, 2019, 07:24 AM
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Amur Equipment Finance, Inc. (AmurEF) announced the closing of its seventh term securitization, a $269.4 million notes issuance secured by small- and mid-ticket equipment loans and leases. The transaction ranks as AmurEF’s largest issuance to-date...
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August 02, 2019, 07:25 AM
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Global vendor finance company DLL announced the closing of DLL 2019-2 ABS (Asset Backed Securities) securitization transaction in the United States for $443 million. The transaction is an inaugural securitization sponsored by Mahindra Finance USA LLC...
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July 31, 2019, 07:25 AM
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Ascentium Capital LLC announced the execution of a $375 million small-ticket equipment securitization of Ascentium Equipment Receivables Series 2019-1. Ascentium Capital’s 11th securitization involved 26 unique investors and again received AAA...
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April 24, 2019, 07:23 AM
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Global vendor finance company DLL announced the closing of DLL 2019-1 ABS (Asset Backed Securities) securitization transaction in the United States for $500 Million. This is the fifth ABS transaction (and fourth in United States) for DLL, since...
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April 16, 2019, 07:25 AM
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Commercial Credit Group Inc. (CCG) announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2019-1 transaction). The $302,732,000 financing was placed with a broad group of institutional investors. Wells...
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April 16, 2019, 07:06 AM
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Stonebriar Commercial Finance announced it has closed its fifth commercial equipment asset-backed securitization (ABS), SCFET 2019-1, a $650 million ABS issuance with top tranches rated triple A.SCFET 2019-1 is secured by a portfolio of commercial...
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April 11, 2019, 07:00 AM
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Stonebriar Commercial Finance, an independent large-ticket commercial finance company, announced it has allocated all bonds, confirmed pricing and is set to close its fifth commercial equipment asset-backed securitization (ABS), SCFET 2019-1, a $650...
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April 05, 2019, 07:25 AM
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Global vendor finance company DLL announced the closing of its DLL UK Equipment Finance 2019-1 Equipment Lease securitization transaction in the United Kingdom of nearly $400 million. It is the first public ABS transaction issued by DLL in Europe and...
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March 29, 2019, 07:00 AM
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GreatAmerica Financial Services Corporation completed its 18th term securitization of $612.2 million in privately placed bonds with institutional investors. GreatAmerica uses proceeds from its securitizations to pay off debt in its warehouse and...
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February 19, 2019, 07:25 AM
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Leading global vendor finance company, DLL, announced the closing of DLL 2018-2 ABS (Asset Backed Securities) securitization transaction in the United States exceeding $1 billion. This is the largest equipment deal in the recent history in U.S....
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November 27, 2018, 07:22 AM
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Ascentium Capital LLC, the nation’s largest private-independent equipment finance company, announced the closing of the company’s tenth small ticket equipment securitization. The $343,711,000 securitization of Ascentium Equipment Receivables 2018-2...
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October 25, 2018, 07:20 AM
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Amur Equipment Finance, Inc. (AmurEF) announced the completion of its sixth term securitization and second securitization this year. A total of $250,944,000 in rated securities secured by equipment leases and loans originated by AmurEF were issued...
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October 18, 2018, 07:25 AM
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Securcor Financial Group announced the funding of a $49.5 million securitization for Geneva Capital, LLC. The securitization required a single A rating and was funded privately by an established U.S.-based insurance company.
Geneva Capital, LLC, a...
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October 12, 2018, 07:40 AM
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Marlin Business Services announced the completion of a $201.7 million asset-backed notes term securitization by Marlin Leasing Corporation, a wholly owned subsidiary of Marlin Business Services Corp. This transaction was Marlin's 11th term...
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July 31, 2018, 07:30 AM
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Trinity Industries, Inc. reported its wholly owned subsidiaries, Trinity Industries Leasing Company (TILC) and Trinity Rail Leasing 2018 LLC (TRL-2018), closed a two-tranche, railcar asset-backed securitization in the aggregate amount of $482.5...
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June 21, 2018, 07:05 AM
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Stonebriar Commercial Finance announced the closing of SCFET 2018-1, a $578 million asset-backed securitization transaction. It marks the fourth equipment securitization transaction Stonebriar has closed in the last 24 months and its first to secure...
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June 01, 2018, 07:30 AM
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DLL, a vendor finance company, and AGCO, a global firm in the design, manufacture and distribution of agricultural solutions, announced the closing of DLL 2018-1 for $824.38 million.The notes are backed by $896.5 million of loans and leases secured...
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May 10, 2018, 07:30 AM
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Ascentium Capital LLC issued a $330 million small ticket equipment securitization of Ascentium Equipment Receivables 2018-1 Trust. This represents the company’s ninth securitization since 2012 and the first time a non-investment grade, independent...
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April 26, 2018, 07:20 AM
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Balboa Capital announced it has successfully completed a $266 million securitization of equipment lease and loan backed notes, its fifth and largest transaction to date. Credit Suisse Securities (USA) LLC and SunTrust Robinson Humphrey acted as the...
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February 27, 2018, 07:20 AM
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Stonebriar Commercial Finance announced the closing of SCFET 2017-2, a $374 million asset-backed securitization transaction. SCFET 2017-2 marks the third securitization transaction that Stonebriar has closed in the last 18 months, bringing total...
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December 07, 2017, 07:21 AM
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Ascentium Capital announced closing the Company’s eighth small ticket equipment securitization. The $236,000,000 securitization of Ascentium Equipment Receivables LLC, Series 2017-2 was rated by Moody’s and Kroll and achieved a Aaa rating for the...
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October 26, 2017, 07:18 AM
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Chesswood Group Limited announced that its largest subsidiary, Pawnee Leasing Corporation, has closed a new US$75 million non-recourse asset backed facility with Capital One, N.A. through its Pawnee Receivable Fund I LLC.The facility is secured by...
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October 17, 2017, 07:00 AM
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Wilmington Trust was recognized as “Overall Best Securitization Trustee of the Year” at the fourth annual US Securitization Awards ceremony, held in New York on May 23, organized by GlobalCapital, a news service focused on the international capital...
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June 28, 2017, 07:07 AM
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Ascentium Capital issued a $237 million small ticket equipment securitization. Ascentium Equipment Receivables 2017-1 Trust featured a senior-subordinated structure with “Aaa” ratings from Moody’s and Kroll.This transaction represents the Company’s...
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May 04, 2017, 07:05 AM
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Engs Commercial Finance (“ENGS”) announced that it has closed a $100MM securitization warehouse facility with the Bank of Montreal (“BMO”) as Lender and BMO Capital Markets Corp. as Agent. This facility adds incremental liquidity to ENGS’ existing...
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April 20, 2017, 07:15 AM
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Stonebriar Commercial Finance (Stonebriar), a leading independent middle market commercial finance company announced the closing of its third securitization transaction, SCFET 2017-1, for approximately $340 million. SCFET 2017-1 marks the third...
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February 27, 2017, 07:10 AM
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Engs Commercial Finance closed a $198.6 million equipment securitization on November 4, 2016 through Engs commercial Finance Trust 2016-1. This is Engs’ second transaction since 2015, collateralized by a segregated pool of commercial loan contracts...
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November 07, 2016, 07:15 AM
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Ascentium Capital issued a $271 million small ticket equipment securitization of Ascentium Equipment Receivables LLC, Series 2016-2.“This securitization provides our organization with additional opportunities to meet our growth initiatives,”...
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November 01, 2016, 07:10 AM
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Axis Capital, Inc. (Axis), announced the closing of its fourth term securitization, issuing six classes of equipment lease and loan backed notes totaling $201,232,000. This term securitization will enable Axis to continue to expand its market share...
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October 28, 2016, 07:08 AM
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Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six note classes of Axis Equipment Finance Receivables IV LLC. The notes are newly issued asset-backed securities backed by a portfolio of equipment leases and loans. This transaction is...
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October 14, 2016, 06:54 AM
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Navitas Credit Corp. announced the completion of its third and largest term securitization of equipment loan and lease contracts, Navitas Equipment Receivables LLC 2016-1. Navitas issued $205.1 million of notes. J.P. Morgan Securities LLC was the...
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September 29, 2016, 07:15 AM
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Balboa Capital, a technology-driven financing company that offers equipment financing and alternative business loan products, announced that it has completed a $251 million securitization of equipment lease and loan backed notes, its fourth and...
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September 28, 2016, 07:10 AM
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Sun Life Assurance Company of Canada ("Sun Life"), Securcor Inc., and Blue Bridge Financial, LLC, announced a private securitization facility for US$40 million between Blue Bridge SPV Funding I, LLC and Securcor Inc. The facility will be funded by...
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July 27, 2016, 07:10 AM
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Stonebriar Commercial Finance (Stonebriar), announced the closing of its inaugural securitization transaction, SCFET 2016-1, which was completed on June 27, 2016. Stonebriar securitized a $254 million portfolio of commercial equipment loans and...
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July 14, 2016, 07:05 AM
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North Mill Equipment Finance LLC announced the closing of its second securitization transaction, NMEF Funding 2016-A, which was completed on June 13, 2016. NMEF Funding 2016-A issued two classes of equipment finance-backed notes totaling $111.15...
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June 17, 2016, 07:17 AM
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LEAF Commercial Capital, Inc. (“LEAF”) announced the closing of a new securitization transaction, LEAF 2016-1, which was completed on May 26, 2016.Through LEAF 2016-1, LEAF securitized a portfolio of approximately $350 million of commercial equipment...
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June 08, 2016, 07:20 AM
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LEAF Commercial Capital announced that Moody's has upgraded five securities and affirmed sixteen others from the LEAF Receivables Funding, LLC, Series 2012-1, 2013-1 and 2015-1. The transactions are securitizations of small-ticket equipment leases...
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November 17, 2015, 06:50 AM
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Ascentium Capital issued a $281 million small ticket equipment securitization of Ascentium Equipment Receivables LLC, Series 2015-2.This represents Ascentium Capital’s fourth securitization and third transaction since 2012 featuring both Moody’s...
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November 04, 2015, 07:03 AM
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Balboa Capital announced today that it has completed a $230 million securitization of equipment lease and loan backed notes. This is the company’s third term securitization. Balboa Capital will use this additional capacity to fund the company’s...
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July 14, 2015, 07:09 AM
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North Mill Equipment Finance announced the closing of its inaugural securitization transaction, NMEF Funding 2015-A, which was completed on May 7, 2015. NMEF Funding 2015-A issued two classes of equipment finance-backed notes totaling $122 million...
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May 12, 2015, 07:03 AM
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LEAF Commercial Capital announced the closing of a new securitization transaction, LEAF 2015-1, which was completed on April 30, 2015.Through LEAF 2015-1, LEAF securitized a portfolio of approximately $336 Million of commercial equipment leases and...
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May 06, 2015, 07:09 AM
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Ascentium Capital issued a $330 million small ticket equipment securitization of Ascentium Equipment Receivables LLC, Series 2015-1. This represents the company’s third securitization since 2012. The underwriters on this transaction were Credit...
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March 10, 2015, 07:00 AM
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Sun Life Financial, Securcor Inc. and Tetra Financial Group announced the establishment of a private securitization facility for US$50 million funded by Sun Life Assurance Company of Canada ("Sun Life"), the primary life insurance subsidiary of Sun...
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January 22, 2015, 07:05 AM
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Finacity Corporation has facilitated the successful increase of an existing trade receivables securitization for The Manitowoc Company, Inc. The $185 million transaction now incorporates two new divisions (Manitowoc Foodservice UK Limited and...
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December 17, 2014, 06:12 AM
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CIT Bank, the U.S. commercial bank subsidiary of CIT Group announced that it closed a $750 million equipment lease securitization. CIT sold five classes of fixed rate notes in a private offering backed by a pool of equipment leases from CIT Equipment...
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December 01, 2014, 06:59 AM
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A subsidiary of Navistar Financial Corporation (NFC) has sold $250 million of wholesale floor plan notes in a two-year 144-A securitized transaction to support International® Truck and IC Bus™ dealer inventory funding. It will replace a $200 million...
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November 10, 2014, 06:53 AM
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Nations Equipment Finance announced that it has completed a $173 million term securitization of equipment lease and loan backed notes. The debt includes a senior tranche rated A2/A- by Moody’s and DBRS and two subordinate tranches rated Baa2 and Ba2...
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October 20, 2014, 06:32 AM
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The Alta Group announced today that Daryl Ching has joined the team of consultants in Canada as a managing director. Ching, who has more 10 years of securitization experience, will help Alta clients prepare and negotiate for best possible terms in...
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August 12, 2014, 06:56 AM
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Portfolio Financial Servicing Company (“PFSC”) announced that it has entered into a definitive agreement to act as Backup and Successor Servicer for a securitized pool of merchant cash advance loans. PFSC has worked with the issuer for the past four...
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June 05, 2014, 06:00 AM
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NewStar Financial announced today that it completed a $348 million term debt securitization known as NewStar Commercial Loan Funding 2014-1. All floating rate classes of notes were priced at par and the transaction was upsized from $325 million...
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April 24, 2014, 07:00 AM
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Balboa Capital, a leading provider of equipment financing and small business loan products, announced it has completed a $152 million securitization of equipment lease and loan backed notes. Balboa Capital will use this additional capacity to fund...
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April 16, 2014, 07:31 AM
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Moody’s Investors Service and DBRS issued the highest possible ratings, Aaa and AAA respectively, on Ascentium Capital’s senior class of notes in their second securitization which closed on March 13, 2014. The underwriters of the transaction were...
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March 14, 2014, 06:50 AM
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GreatAmerica Financial Services Corporation completed its 13th term securitization today in the amount of $423.5 million. The proceeds will pay off various borrowed amounts, resulting in unused credit facilities in the amount of $875 million for...
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February 28, 2014, 06:15 AM
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CIT Bank, the U.S. bank subsidiary of CIT Group Inc. announced that it closed a $750 million equipment lease securitization. CIT sold five classes of fixed rate notes in a private offering backed by a pool of equipment leases from CIT Vendor Finance....
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November 15, 2013, 08:09 AM
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LEAF Commercial Capital, Inc. ("LEAF") announced the closing of a new securitization transaction, LEAF 2013-1, which was completed on September 26, 2013.Through LEAF 2013-1, LEAF securitized a portfolio of approximately $325 million of commercial...
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October 03, 2013, 07:01 AM
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NewStar Financial Inc., a specialized commercial finance company, announced today that it completed a $400 million term debt securitization known as NewStar Commercial Loan Funding 2013-1. All classes of notes were priced at par and the transaction...
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September 13, 2013, 07:00 AM
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Direct Capital announced that it has completed a $163 million term securitization of equipment lease backed notes. This financing will be used to support the company’s rapid new business growth and to reduce the amount of borrowings outstanding under...
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February 11, 2013, 07:15 AM
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LEAF Commercial Capital, Inc. ("LEAF"), a leading independent commercial equipment leasing and finance company, announced today the closing of a new securitization transaction, LEAF 2012-1, which was completed on September 21, 2012.Through LEAF...
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September 24, 2012, 07:41 AM
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Willis Lease Finance Corporation reported that its wholly owned subsidiary Willis Engine Securitization Trust II (WEST II), a newly established asset backed securities (ABS) issuer, completed the sale of $390 million of senior secured notes on...
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September 24, 2012, 06:25 AM
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Odessa Technologies, Inc., the developer of the LeaseWave suite of products, a fully integrated end-to-end lease and loan management solution, has published the first in a series of White Papers about the Dodd-Frank Act.The Dodd-Frank Act, named...
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May 16, 2012, 06:30 AM
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