Salt Lake City, UT–Varilease Finance, Inc. (VFI), a corporate financing firm specializing in equipment and project financing announces the closing of its asset-backed securitization. The issuance shortly follows VFI’s investment grade rating by the NRSRO. The Knoll-rates tranche was primarily rates “AAA” and oversubscribed with offerings included in four classes of notes: Class A ,Class B, Class C, and Class D.
By tapping into the over $300 billion securitization market, VFI is an elite low-cost provider of equipment financing in the U.S. 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.