Republic Finance Issuance Trust 2019-A: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on Republic Finance Issuance Trust 2019-A (REPS 2019-A or the Issuer). REPS 2019-A represents the inaugural term securitization of a portfolio of non-prime consumer loans originated through Republic Finance, LLC’s (Republic or the Company) branch network. REPS 2019-A is collateralized by receivables originated under Republic’s loan platform. Republic is a consumer branch-based installment lender that provides several loan products to subprime borrowers located primarily in the Southeastern United States.