Tagged With "Fitch"

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Fitch Expects to Rate GreatAmerica Leasing Receivables Funding, LLC,

Art Post · 5/10/239:54 PM

KEY RATING DRIVERS Collateral/Obligor Performance; High Copier/Printer Concentration: Of the GALC 2023-1 pool, 64.7% consists of copiers/printers (also known as office imaging equipment), which is up from 2022-1 (62.3%). The shift in copier concentration is in line with industry trends due to post-pandemic working-from-home conditions. Fitch expects this concentration to gradually decrease. Despite the high concentration, copiers/printers have historically performed better than other...

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Fitch Expects to Rate GreatAmerica Leasing Receivables Funding, LLC,

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