Amur Equipment Finance Receivables VII LLC: Rating Report

DBRS, Inc. (DBRS) finalized its provisional ratings on the classes of notes (the Notes or the Series 2019-1) issued by Amur Equipment Finance Receivables VII LLC (the Issuer). This transaction represents the seventh term asset-backed securitization sponsored by Amur Equipment Finance, Inc. (Amur EF or the Company; f/k/a Axis Capital, Inc.). The pledged assets securing the Notes include a segregated pool of small-and mid-ticket equipment finance contracts (the Contracts) originated and/or underwritten by Amur EF and transferred to the Issuer (together with any additional assets acquired by the Issuer during the Prefunding Period, the Asset Pool), together with all moneys received relating thereto after June 30, 2019, (the Initial Cut-Off Date) or the applicable Subsequent Cut-Off Dates.