Expert RA Upgrades United Leasing Company Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency upgraded 'United Leasing Company' (leasing company) creditworthiness rating to А+, which means very high credit solvency, the third sublevel. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term. The Company used to have rating A, which means high credit solvency, the first sublevel, the stable outlook.
The acceptable share of equity in the business financing sources and low reliance on short-term funding were highlighted as positive factors.
Low leasing portfolio diversification by customers and moderately high customer past-due debt are still the main rating-restraining factors.
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