U.S. equipment ABS performance has notably improved in 2021 following elevated delinquencies and defaults in 2020, Fitch Ratings says. Overall, payment deferral programs have successfully assisted obligors during the pandemic, followed by strong cure...
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May 27, 2021, 07:20 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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Element Financial Corporation and its wholly-owned subsidiary Element Rail Leasing I LLC (Series 2014-1), announced that it has closed its first railcar asset-backed securitization (ABS) in the aggregate gross amount of $340.3 million.
The...
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April 18, 2014, 07:18 AM
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According to a posting on the Equipment Leasing and Finance Association web site, ELFA members met with the Securities & Exchange Commission’s Office of Structured Finance during ELFA’s Capitol Connections conference in May to discuss the...
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June 22, 2012, 06:40 AM
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