Equify’s portfolio success is powered by the dependable businesses we’re proud to finance every day. Every contractor, operator, and business owner we serve contributes to the performance and reliability that define our platform — and now that strength has been recognized on a national scale.
Morningstar DBRS recently upgraded two tranches from Equify’s 2023 securitization and affirmed all four from its 2024 securitization, citing strong collateral performance, increased credit enhancement, and disciplined underwriting. These upgrades reflect the continued resilience of Equify’s asset-backed platform and the enduring stability of the businesses we support every day.
Recognizing Performance — in the Numbers and in the Field
Morningstar DBRS highlighted several key drivers behind the rating actions:
- Low cumulative net losses (CNL) across both transactions, well within original expectations.
- Increased hard credit enhancement (CE), providing greater protection to investors through overcollateralization, subordination, and reserve balances.
- Consistent collateral performance, supported by Equify’s rigorous origination, underwriting, and servicing standards.
These results are a direct reflection of the strength and reliability of the businesses in our portfolio — customers who manage their operations with discipline, meet their obligations, and keep critical equipment in motion across America’s industries. They’re the people building infrastructure, transporting goods, and sustaining the communities and commerce that keep us moving forward.
What This Means for Our Partners and Investors
This recognition reinforces Equify’s position as a trusted, well-capitalized, and reliable financing platform. The rating actions confirm that Equify’s securitized portfolios are performing above expectations, backed by:
- A growing base of high-quality, revenue-generating assets.
- Conservative credit management and transparent reporting.
- A proven ability to navigate evolving market conditions with consistency and integrity.
Equify’s strength in the capital markets is built on the strength of our customers — and the continued performance of the assets we originate and service every day.
Moving Forward with Strength and Stability
Equify remains focused on providing a stable, reliable source of financing that helps construction, transportation, energy and other industrial businesses move forward with confidence while continuing to deliver strong results to our partners and investors.
Our customers don’t just move their businesses forward — they move all of us forward. They’re the ones building the roads, moving the freight, and powering the communities that keep our economy running. We’re proud to stand behind them, because their success keeps the country moving.
Recognition from Morningstar DBRS underscores what we already know: our customers’ success powers ours, and that partnership continues to define Equify’s approach to sustainable growth and long-term performance.
Read the full Morningstar DBRS press release here to see the complete details behind the rating actions.