KBRA Assigns Preliminary Ratings to Verdant Receivables 2024-1 LLC

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Verdant Receivables 2024-1 LLC (Verdant 2024-1), an equipment ABS transaction. Verdant Commercial Capital, LLC (Verdant or the Company) is a small- and medium-ticket independent equipment finance company founded in July 2017 and headquartered in Cincinnati, Ohio. Verdant employs a vendor model generating originations through relationships with original equipment manufacturers, distributors and reselle