DBRS Finalizes Provisional Ratings on NextGear Floorplan Master Owner Trust, Series 2014-1

DBRS Inc. (DBRS) has today finalized the provisional ratings on the following Notes issued by NextGear Floorplan Master Owner Trust, Series 2014-1:

-- Series 2014-1, Class A Notes rated AAA (sf)
-- Series 2014-1, Class B Notes rated A (sf)

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

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.

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

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

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.