Commercial Credit Group closes $477 Million asset-backed securitization
Commercial Credit Group has closed its 19th asset-backed securitization (ABS), raising $477.2 million. The deal marks the Charlotte-based independent commercial ...
Tag: equipment ABS
Technology adoption growing in equipment finance ABS
As activity in the equipment finance asset-backed securities and syndication markets continues to increase, more technology companies see opportunities in ...
Equipment loan losses rise amid transportation loan deterioration
Annualized net losses for equipment asset-backed securities rose in August across all publicly rated deals as transportation industry portfolios remained ...
Syndifi, Tamarack partner to improve equipment finance capital market
Equipment finance service provider Syndifi and Tamarack Technology announced a partnership to improve equipment lenders' capital market access through their ...
Equipment loan delinquencies rise MoM in May
Equipment asset-backed securities 60-plus-days delinquencies rose sequentially in May across all publicly rated deals, amid mixed overall credit performance as ...
Independent lenders benefit as banks continue pullback
HUNTINGTON BEACH, Calif. -- Independent equipment lenders continue to grow their operations as banks continue to pull back from the ...
Heavy equipment prepayments ebb
Prepayments on securitized heavy equipment loans have started to decline, after remaining elevated since the pandemic, JPMorgan Securities data shows. ...
DLL closes first ABS deal of 2023
Vendor financier DLL closed its first asset-backed securitization deal of 2023 on Feb. 2 — an $850 million transaction backed ...
