DBRS Finalizes Provisional Ratings on NCF Dealer Floorplan Master Trust, Series 2014-1

DBRS has today finalized the provisional ratings on the following notes issued by NCF Dealer Floorplan Master Trust, Series 2014-1:

-- Class A rated AA (sf)
-- Class B rated A (sf)
-- Class C rated BBB (sf)
-- Class D rated BB (sf)

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. Auto Wholesale Securitizations, which can be found on our website under Methodologies.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

These ratings are endorsed by DBRS Ratings Limited for use in the European Union.

The full report providing additional analytical detail is available by clicking on the link or by contacting us at info@dbrs.com.