Coverage Universe

Sectors

Egan-Jones provides independent credit ratings across a broad range of asset classes and sectors, with deep analytical expertise in each.

Sector Coverage

Asset-Based Financing & Structured Finance

Credit ratings for transactions secured by hard assets and structured cash flows across industrial, transportation, energy, and specialty finance sectors.

Egan-Jones has deep expertise rating asset-based financing and structured finance transactions where repayment is supported by the value and cash flows of specific physical assets or contractual structures. Our analytical framework addresses asset liquidity, depreciation profiles, maintenance requirements, and the creditworthiness of the obligor or lessee. We cover the full range of asset classes within this category, from agricultural and construction equipment to maritime vessels and medical devices.

Sub-Sectors We Rate
Agricultural machinery
Aircraft
Construction equipment
Energy infrastructure
Maritime
Medical equipment
Production machinery
Rail equipment
Truck fleets
Key Rating Considerations
1
Asset type, age, condition, and market liquidity
2
Obligor / lessee credit quality and financial strength
3
Loan-to-value ratios and appraisal methodology
4
Maintenance reserve adequacy and depreciation profile
5
Remarketing risk and alternative use potential
6
Structural protections, security package, and covenants
Coverage Statistics
50/50
Top U.S. Life Insurers
Global
Coverage
3200+
Deals Rated in 2025
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Contact our ratings team to discuss your transaction. We provide indicative assessments quickly and work with issuers and arrangers across all deal sizes.