BCC Funding XVI LLC: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of equipment contract backed notes issued by BCC Funding XVI LLC (the Issuer):

-- $120,000,000 Series 2019-1, Class A-1 Notes at R-1 (high) (sf)
-- $208,425,000 Series 2019-1, Class A-2 Notes at AAA (sf)
-- $38,062,000 Series 2019-1, Class B Notes at A (sf)
-- $16,313,000 Series 2019-1, Class C Notes at BBB (sf)
-- $26,100,000 Series 2019-1, Class D Notes at BB (sf)