Archives for February 2017

DBRS Upgrades Nations Equipment Finance Funding Ratings

DBRS, Inc. (DBRS) has today upgraded two classes of two outstanding public ratings. The rating actions are based on the current credit enhancement levels being sufficient to cover DBRS’s expected losses at their current respective rating levels.

The ratings are based on DBRS’s review of the following analytical considerations:

  • Transaction capital structure, proposed ratings and form and sufficiency of available credit enhancement.
  • The transaction parties’ capabilities with regard to origination, underwriting and servicing.
  • The credit quality of the collateral pool and historical performance.

All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

Please see attached appendix for additional information regarding sensitivity of assumptions used in the rating process.


Issuer Debt Rated Rating Action Rating Trend Notes Published Issued
Nations Equipment Finance Funding II, LLC Equipment Contract-Backed Notes, Series 2014-1, Class A Upgraded AA (sf) Feb 15, 2017 US
Nations Equipment Finance Funding III, LLC Equipment Contract-Backed Notes, Series 2016-1, Class A Upgraded A (high) (sf) Feb 15, 2017 US
US = USA Issued, NRSRO
CA = Canada Issued, NRSRO
EU = EU Issued
E = EU Endorsed
Unsolicited Participating With Access
Unsolicited Participating Without Access
Unsolicited Non-participating


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8 Reasons to Finance Equipment for Your Business

Our friends at the ELFA share with us an infographic highlighting why businesses lease and finance equipment.

The vast majority (78%) of U.S. businesses lease or finance their equipment, and today the Equipment Leasing and Finance Association released a new infographic highlighting why this method of equipment acquisition is so popular. The “8 Reasons to Finance Equipment for Your Business” infographic provides a reader-friendly, visually inviting explanation of some of the key benefits businesses enjoy when they lease or finance the equipment they need to operate and grow.

This new tool is the latest resource from ELFA’s Equipment Finance Advantage website for end-users, a one-stop resource designed to help current and potential end-users of equipment financing make the best possible decisions. The infographic showcases a variety of ways businesses can use equipment finance to their strategic advantage, including:

  • Finance 100% – Arrange 100% financing of your equipment, software and services with 0% down payment.
  • Save cash – Save your limited cash for other areas of your business, such as expansion, improvements, marketing or R&D.
  • Keep up-to-date – Keep up-to-date with technology by acquiring more and better equipment than you could if the financing option were not available.
  • Outsource asset management – Let your equipment financing company manage your equipment from delivery to disposal.
  • Accelerate ROI – Rather than paying one lump sum for your equipment, make smaller payments while the equipment generates revenue.
  • Customize your terms – Set customized payments to match your cash flow and even seasonal income fluctuations.
  • Benefit from bundling – Bundle the equipment, installation, maintenance and more into a single, easy-to-manage solution.
  • Hedge against inflation – Lock in rates when you sign your lease to avoid inflation in the future.

“There’s a reason nearly 8 out of 10 companies lease or finance their equipment—it makes good business sense,” said ELFA President and CEO Ralph Petta. “We are pleased to present this new infographic illustrating some of the important ways our industry ‘Equips Business for Success.’


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