KBRA Assigns Preliminary Ratings to Notes Issued by Flagship Credit Auto Trust 2018-2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by Flagship Credit Auto Trust 2018-2 (“FCAT 2018-2”), an auto loan ABS transaction. As of the April 30, 2018 initial cutoff date, FCAT 2018-2 contains $180.7 million of receivables originated from both the Flagship Credit Acceptance (FCA) and CarFinance Capital LLC (CarFinance) branded origination channels and will contain $225.9 million after completion of the prefunding perio