DBRS Assigns Rating of A (sf) to First Avenue Funding, LLC
AutoDBRS, Inc. has today assigned a rating of A (sf) to the First Avenue Funding, LLC facility (the facility). The facility is a warehouse provided to the Springleaf Financial Corporation (Springleaf) for the financing of auto loan receivables. Springleaf also acts as the servicer for the facility. Wells Fargo Bank, N.A. acts as backup servicer for the facility.
Notes:
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
The applicable methodology is Rating U.S. Retail Auto Loan Securitizations (December 2014), which can be found on our website under Methodologies.
Ratings
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