KBRA Assigns Preliminary Ratings to Dividend Solar Loans 2017-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Dividend Solar Loans 2017-1, LLC (“DIV 2017-1”). This is a $128.95 million term ABS securitization collateralized by a pool of $135.7 million residential solar loans. The transaction that is expected to close on October 6, 2017. This transaction is Dividend Finance, Inc.’s (“Dividend” or the “Company”) first securitization. The Notes are backed by a pool of mostly prime qua