Access Point Financial (APF) is making its debut in the securitization market with an unusual asset class: loans used to finance hotel furniture, fixtures and equipment.

The deal, Access Point Funding I 2015-A, is also the first asset-backed transaction that Morningstar has rated. Previously, the rating agency has only worked on residential and commercial mortgage securitizations.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.