Crossroads Equipment Lease & Finance Closes $163MM Equipment Securitization
Crossroads Equipment Lease & Finance Closes $163MM Equipment Securitization National Transportation Lender Prices its ABS Debut to Solid Demand LOS ANGELES, CA / ACCESSWIRE / February 9, 2021 / Crossroads Equipment Lease and Finance, LLC recently priced its US$163MM ABS debut backed by commercial truck loans to solid demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment securitization on February 3, 2021 through Crossroads Asset Trust 2021-A. This is Crossroads' first securitization transaction, collateralized by a segregated pool of co...
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