KBRA Assigns Preliminary Ratings to Notes Issued by Tricolor Auto Securitization Trust 2018-2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Tricolor Auto Securitization Trust 2018-2 (“TAST 2018-2”), an auto loan ABS transaction. Tricolor Auto Acceptance, LLC. (“Tricolor” or the “Company”) is a used vehicle retailer and “buy here-pay here” auto finance company that has been in business since 2007 and focuses on the underserved Hispanic market. The Company is led by founder and CEO Daniel Chu who currently owns 5