According to Kroll Bond Rating Agency’s March 2022 equipment loan and lease indices, March remittance reports showed solid credit performance across securitized equipment loan and lease pools during the month, as annualized net losses in KBRA’s headline equipment loan and lease index inched up slightly to 0.05%, while the percentage of accounts 60 or more days past due fell eight basis points month over month and 20 basis points year over year to 0.53%.