Pure Grove Funding, Transaction 101 Summary

DBRS Limited (DBRS Morningstar) confirmed its ratings of R-1 (high) (sf) on the Series 1 Asset-Backed Commercial Paper Notes, Class Maple and Series 1 Asset-Backed Commercial Paper Notes, Class Oak (collectively, the Notes) issued by Pure Grove Funding (the Conduit) following the addition of a new transaction (Transaction 101) to the Conduit on July 22, 2021.