Salt Lake City, UT–Varilease Finance, Inc. (VFI) a corporate financing firm specializing in equipment and project financing, announced the closing of its asset-backed securitization.
The issuance shortly follows VFI’s investment grade rating by the NRSRO; the Kroll-rated tranche was primarily rated“AAA” and oversubscribed with offers included in four classes of notes: Class A, Class B, Class C, and Class D.
By tapping into this $300 billion securitization market, VFI is an elite low-cost provider of equipment financing in the United States. VFI funds projects for U.S. companies starting at $1 million to $50 million across a wide variety of equipment types, industries, and regions, with a global presence and strong ability to fund complex transactions.
