Auxilior Term Funding 2023-1: A New Opportunity for Investors

In the world of finance, new investment opportunities are always being introduced. One such opportunity is Auxilior Term Funding 2023-1, LLC. KBRA, a reputable credit rating agency, has assigned preliminary ratings to seven classes of notes issued by Auxilior Term Funding 2023-1, LLC. This transaction represents Auxilior Capital Partners, Inc.'s first equipment ABS. If you're looking for a new investment avenue, this could be the one for you.

Auxilior is an independent finance company founded in 2020 and based in Plymouth Meeting, PA. The company's main focus is providing financing to small- and medium-sized businesses through its three finance program groups: construction and infrastructure, transportation and logistics, and franchise finance. With a management team that has extensive experience in growing commercial finance companies, Auxilior is well-positioned to succeed in this market.

What sets Auxilior Term Funding 2023-1 apart is its vendor-focused origination strategy. By leveraging relationships with vendors and manufacturers, Auxilior develops private label and sales-catalyst programs. This unique approach allows the company to build mutually beneficial partnerships with key players in various industries.

Auxilior Term Funding 2023-1 will issue seven classes of notes, including a short-term money market tranche. To ensure the security of the investment, credit enhancement measures such as a reserve account, overcollateralization, subordination for senior classes, and excess spread have been implemented. As of October 31, 2023, the securitization value of the portfolio is $386.39 million.

With over 5,500 contracts and 4,400 customers in its portfolio, Auxilior has a solid foundation. The company's net investment across these contracts totals $1.2 billion as of September 30, 2023. This substantial investment demonstrates the trust and confidence that customers have in Auxilior.

Investors who are interested in participating in Auxilior Term Funding 2023-1 can access ratings and relevant documents through KBRA's website. The report provides in-depth information and analysis to help investors make informed decisions. It's crucial to understand all the factors that may affect credit ratings and how they could potentially lead to upgrades or downgrades.

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission. It is also recognized by regulatory authorities in Europe and the UK. With their expertise in assessing credit risk, KBRA's ratings provide valuable insights for investors.

Auxilior Term Funding 2023-1 presents an exciting opportunity for investors to diversify their portfolios. As an independent finance company with a strong track record, Auxilior is well-positioned for growth in the equipment ABS market. By leveraging its vendor-focused origination strategy and extensive industry relationships, Auxilior is poised to become a leading player in financing small- and medium-sized businesses.

Investors are encouraged to explore this opportunity further by reviewing the full rating report provided by KBRA. The report contains detailed information on the methodology used to determine the credit ratings and key considerations for investors. It's important to review all the available information before making any investment decisions.

In conclusion, Auxilior Term Funding 2023-1 is an exciting investment opportunity for those looking to diversify their portfolios. With its vendor-focused origination strategy and strong track record, Auxilior is well-positioned for success in the equipment ABS market. Investors can access ratings and relevant documents through KBRA's website and review the full rating report to make informed investment decisions. Don't miss out on this chance to be part of Auxilior's growth and success.