Santander Drive Auto Receivables LLC Submits 10-D SEC Filing (0001383094)

Santander Drive Auto Receivables LLC recently submitted a Form 10-D filing with the Securities and Exchange Commission (SEC). Form 10-D is a quarterly report filed by asset-backed issuers to provide updates on the performance of the underlying assets. This filing is significant as it offers investors and regulators insight into the financial health and operations of the company.

Santander Drive Auto Receivables LLC is an entity that securitizes auto loans originated by Santander Consumer USA Inc., a leading auto finance company. By bundling these loans into securities, Santander Drive Auto Receivables LLC is able to raise funds by selling these securities to investors. The company then uses the proceeds to originate more auto loans, creating a cycle of securitization.

For more information on Santander Drive Auto Receivables LLC and its securitization activities, you can visit their website here.

Overall, this Form 10-D filing by Santander Drive Auto Receivables LLC provides transparency into the performance of its auto loan securitization activities, offering valuable information to investors and stakeholders.