OVERVIEW Ford Credit Floorplan Master Owner Trust A's series 2010-2 issuance is a securitization of A revolving pool of receivables that were originated in connection with dealers' purchase and financing of new and used car and truck inventories, which consist primarily Ford manufactured vehicles. We assigned our preliminary ratings to the class A, B, and C notes. The preliminary ratings reflect our view of the transaction's hard credit support, credit risk, underlying payment structure, cash flow mechanics, and legal structure as well as our stress scenarios, among other factors. [Dateline]Standard&Poor's Ratings Services today assigned its preliminary ratings to Ford Credit Floorplan Master Owner Trust A's $250 million floating-rate asset-backed notes series 2010-2 (see list). The preliminary ratings are
