Kroll Bond Rating Agency released its Equipment Loan & Lease indices for March.
March remittance reports showed solid credit performance across securitized equipment loan and lease pools during the month, as annualized net losses in KBRA’s headline Equipment Loan & Lease Index inched up slightly to 0.05 percent, while the percentage of accounts 60+ days past due fell 8 basis points month-over-month and 20 bps year-over-year, to 0.53 percent.
Click here to view the report.