Crossroads Equipment Lease & Finance Completes its Fifth Asset Backed Securities Transaction
Los Angeles, California (October 9, 2026) — Crossroads Equipment Lease and Finance, LLC successfully closed the US$239.7MM Crossroads 2026-A ABS transaction. It is their fifth ABS transaction, marking another milestone in Crossroads’ capital markets program.
Crossroads 2026-A is collateralized by a diverse pool of commercial loan contracts financing commercial trucks and trailers. The securitization included classes of notes rated AAA(sf) to BB(sf) by Moody’s and DBRS. Their rating of the Notes is based on the loan portfolio and Crossroads’ management team, which has a solid track record of originating and servicing commercial equipment loans.
Crossroads is continuing to utilize the securitization market to supplement its funding strategy. Like previous deals, the transaction had strong subscription levels and was syndicated to investors. Bank of America acted as Sole Structuring Agent and Co-Lead, with Wells Fargo also acting as Co-Lead. GreatAmerica Portfolio Services Group is the backup servicer of the transaction.
About Crossroads Equipment Lease and Finance
Crossroads Equipment Lease and Finance, LLC is a leading transportation equipment finance company headquartered in Southern California. Over the years, it has grown into a national lender offering loan and lease financing for light, medium, and heavy-duty trucks, trailers, and related equipment. Crossroads strives to build long-term business relationships by offering prompt, flexible, and tailor-made financing solutions for customers.