Asset-Backed Finance

Asset securitization is the most efficient way for private capital to expand the buying power of consumers and businesses. Having lost traction during the global credit crisis, the asset-backed market is growing again and contributing to economic recovery. We are committed to supporting the market’s revival through our active participation.

Our underwriting discipline has enabled us to maintain a high level of financial strength, and we have refined our underwriting to reflect lessons learned in the recession. As the market recovers, we are focusing on carefully selected asset types that generate cash flow from granular loan portfolios.

Examples include:

• automobile receivables
• equipment leases
• credit card receivables
• consumer loans
• trade receivables
• large operating assets
• diversified payment rights, remittance future flow

We maintain conservative underwriting standards and work with issuers and investors to achieve high-quality, efficient executions. With our financial strength and reputation for sound underwriting, we help to broaden market access and reduce the cost of financing for qualified issues.