GreatAmerica returns with first small ticket equipment ABS of the year

Equipment 575 375
By Jennifer Kang
28 Jan 2021

Small ticket equipment lender GreatAmerica is preparing a $630m transaction, returning to a sector still weighed down by a small business-heavy borrower base impacted by government-mandated shutdowns.

Overall, equipment ABS seems to be supported “quite well” this year as well, according to a consumer ABS portfolio manager, carrying over the strong momentum felt particularly in the agriculture and construction (A&C) equipment sectors. 

A&C equipment has been “resilient” throughout the pandemic, thanks to the constant need for ...

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