Exhibit 99.1

NISSAN AUTO LEASE TRUST 2011-B

Monthly Servicer's Report

for the month of October 2013 

Collection Period Start	1-Oct-13	Distribution Date	15-Nov-13
Collection Period End	31-Oct-13	30/360 Days	30
Beg. of Interest Period	15-Oct-13	Actual/360 Days	31
End of Interest Period	15-Nov-13

SUMMARY
	Coupon Rate			Initial Balance		Beginning Balance		Ending Balance		Pool Factor
Total Portfolio					1,168,693,999.35		416,921,420.25		379,280,135.41		0.3245333
Total Securities					1,168,693,999.35		416,921,420.25		379,280,135.41		0.3245333
Class A-1 Notes		0.349850	%		156,000,000.00		0.00		0.00		0.0000000
Class A-2 Notes		0.379200	%		378,000,000.00		0.00		0.00		0.0000000
Class A-3 Notes		0.920000	%		351,000,000.00		133,227,420.90		95,586,136.06		0.2723252
Class A-4 Notes		1.100000	%		85,000,000.00		85,000,000.00		85,000,000.00		1.0000000
Certificates		0.000000	%		198,693,999.35		198,693,999.35		198,693,999.35		1.0000000

	Principal Payment Due			Interest Payment		Principal per $1000 Face Amount		Interest per $1000 Face Amount
Class A-1 Notes		0.00			0.00		0.0000000		0.0000000
Class A-2 Notes		0.00			0.00		0.0000000		0.0000000
Class A-3 Notes		37,641,284.84			102,141.02		107.2401277		0.2910001
Class A-4 Notes		0.00			77,916.67		0.0000000		0.9166667
Certificates		0.00			0.00		0.0000000		0.0000000
Total Securities		37,641,284.84			180,057.69

I. COLLECTIONS

Lease Payments: ( Lease SUBI)
Monthly Principal								5,811,741.44
Monthly Interest								2,283,315.89
Total Monthly Payments								8,095,057.33

Interest Rate Cap Payments								0.00

Advances:
Aggregate Monthly Payment Advances								238,793.99
Aggregate Sales Proceeds Advance								16,236,294.99
Total Advances								16,475,088.98

Vehicle Disposition Proceeds:
Reallocation Payments								26,255,652.18
Repurchase Payments								1,749,817.41
Net Auction Proceeds								0.00
Recoveries								0.00
Net Liquidation Proceeds								9,609,032.96
Excess Wear and Tear and Excess Mileage								303,041.88
Remaining Payoffs								0.00
Net Insurance Proceeds								408,846.37
Residual Value Surplus								733,073.96
Total Collections								63,629,611.07

Vehicle Disposition Activity for the current month - Terminated and Sold (included in Vehicle Disposition Proceeds)	Reallocation Payments		Net Insurance Sales		Lease Payoffs		Count
Early Termination		16,031,514.18						1,072
Involuntary Repossession		105,907.00						9
Voluntary Repossession		123,923.00						7
Full Termination		9,970,944.00						662
Bankruptcy		23,364.00						2
Insurance Payoff				404,348.39				22
Customer Payoff						250,959.87		15
Grounding Dealer Payoff						6,708,018.36		352
Dealer Purchase						2,017,726.10		100
Total		26,255,652.18		404,348.39		8,976,704.33		2,241

Page 5 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2011-B

Monthly Servicer's Report

for the month of October 2013 

II. COLLATERAL POOL BALANCE DATA
	Number			Book Amount			Discount Rate			Securitization Value
Pool Balance - Beginning of Period		24,422			485,547,116.95			7.00000	%		416,921,420.25
Total Depreciation Received					(6,408,257.17	)					(5,718,675.12	)
Principal Amount of Gross Losses		(44	)		(794,615.62	)					(680,779.80	)
Repurchase / Reallocation		(107	)		(2,013,848.32	)					(1,749,817.41	)
Early Terminations		(725	)		(13,706,860.68	)					(11,786,958.09	)
Scheduled Terminations		(1,091	)		(20,743,735.46	)					(17,705,054.42	)
Pool Balance - End of Period		22,455			441,879,799.70						379,280,135.41

Remaining Pool Balance
Lease Payment											53,856,318.02
Residual Value											325,423,817.39
Total											379,280,135.41

III. DISTRIBUTIONS

Total Collections													63,629,611.07
Reserve Amounts Available for Distribution													0.00
Total Available for Distribution													63,629,611.07

1. Amounts due Indenture Trustee as Compensation or Indemnity													0.00
2. Reimbursement of Payment Advance													362,622.63
3. Reimbursement of Sales Proceeds Advance													20,402,602.08
4. Servicing Fee:
Servicing Fee Due													347,434.52
Servicing Fee Paid													347,434.52
Servicing Fee Shortfall													0.00
Total Trustee, Advances and Servicing Fee Paid													21,112,659.23

5. Interest:
Class A-1 Notes Monthly Interest
Class A-1 Notes Interest Carryover Shortfall													0.00
Class A-1 Notes Interest on Interest Carryover Shortfall													0.00
Class A-1 Notes Monthly Available Interest Distribution Amount													0.00

Class A-1 Notes Monthly Interest Paid													0.00
Chg in Class A-1 Notes Int. Carryover Shortfall													0.00

Class A-2 Notes Monthly Interest
Class A-2 Notes Interest Carryover Shortfall													0.00
Class A-2 Notes Interest on Interest Carryover Shortfall													0.00
Class A-2 Notes Monthly Available Interest Distribution Amount													0.00

Class A-2 Notes Monthly Interest Paid													0.00
Chg in Class A-2 Notes Int. Carryover Shortfall													0.00

Class A-3 Notes Monthly Interest
Class A-3 Notes Interest Carryover Shortfall													0.00
Class A-3 Notes Interest on Interest Carryover Shortfall													0.00
Class A-3 Notes Monthly Available Interest Distribution Amount													102,141.02

Class A-3 Notes Monthly Interest Paid													102,141.02
Chg in Class A-3 Notes Int. Carryover Shortfall													0.00

Page 6 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2011-B

Monthly Servicer's Report

for the month of October 2013 

Class A-4 Monthly Interest
Class A-4 Notes Interest Carryover Shortfall																			0.00
Class A-4 Notes Interest on Interest Carryover Shortfall																			0.00
Class A-4 Notes Monthly Available Interest Distribution Amount																			77,916.67

Class A-4 Notes Monthly Interest Paid																			77,916.67
Chg in Class A-4 Notes Int. Carryover Shortfall																			0.00

Certificate Monthly Interest
Certificate Interest Carryover Shortfall																			0.00
Certificate Interest on Interest Carryover Shortfall																			0.00
Certificate Monthly Available Interest Distribution Amount																			0.00

Certificate Monthly Interest Paid																			0.00
Chg in Certificate Int. Carryover Shortfall																			0.00

Total Note and Certificate Monthly Interest
Total Note and Certificate Monthly Interest Due																			180,057.69
Total Note and Certificate Monthly Interest Paid																			180,057.69
Total Note and Certificate Interest Carryover Shortfall																			0.00
Chg in Total Note and Certificate Int. Carryover Shortfall																			0.00

Total Available for Principal Distribution																			42,336,894.15

6. Total Monthly Principal Paid on the Notes
Total Monthly Principal Paid on the Class A Notes																			37,641,284.84

Total Class A Noteholders' Principal Carryover Shortfall																			0.00
Total Class A Noteholders' Principal Distributable Amount																			37,641,284.84
Chg in Total Class A Noteholders' Principal Carryover Shortfall																			0.00

7. Total Monthly Principal Paid on the Certificates																			0.00

Total Certificateholders' Principal Carryover Shortfall																			0.00
Total Certificateholders' Principal Distributable Amount																			0.00
Chg in Total Certificateholders' Principal Carryover Shortfall																			0.00

Remaining Available Collections																			4,695,609.31

Page 7 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2011-B

Monthly Servicer's Report

for the month of October 2013 

IV. RESERVE ACCOUNT

Initial Reserve Account Amount					5,843,470.00
Required Reserve Account Amount					17,530,409.99
Beginning Reserve Account Balance					17,530,409.99
Additional Cash Infusion					0.00
Reinvestment Income for the Period					0.00
Reserve Fund Available for Distribution					17,530,409.99
Reserve Fund Draw Amount					0.00
Deposit of Remaining Available Collections					4,695,609.31
Gross Reserve Account Balance					22,226,019.30
Remaining Available Collections Released to Seller					4,695,609.31
Total Ending Reserve Account Balance					17,530,409.99

V. POOL STATISTICS

Weighted Average Remaining Maturity					6.86
Monthly Prepayment Speed					72	%
Lifetime Prepayment Speed					77	%

		$		units
Recoveries of Defaulted and Casualty Receivables		701,418.47
Securitization Value of Defaulted Receivables and Casualty Receivables		680,779.80			44
Aggregate Defaulted and Casualty Gain (Loss)		20,638.67
Pool Balance at Beginning of Collection Period		416,921,420.25
Net Loss Ratio		0.0050	%

Cumulative Net Losses for all Periods		-0.0152	%		(178,187.55	)

Delinquent Receivables:	Amount			Number
31-60 Days Delinquent		3,273,015.44			199
61-90 Days Delinquent		483,211.09			29
91-120+ Days Delinquent		188,838.32			12
Total Delinquent Receivables:		3,945,064.85			240
60+ Days Delinquencies as Percentage of Receivables		0.16	%

Aggregate Sales Performance of Auctioned Vehicles		$		units
Sales Proceeds		26,002,458.18			1,732
Securitization Value		27,688,452.80
Aggregate Residual Gain (Loss)		(1,685,994.62	)

Cumulative Sales Performance of Auctioned Vehicles		$		units
Cumulative Sales Proceeds		251,204,042.64			15,738
Cumulative Securitization Value		253,512,479.99
Cumulative Residual Gain (Loss)		(2,308,437.35	)

VI. RECONCILIATION OF ADVANCES

Beginning Balance of Residual Advance					28,462,200.95
Reimbursement of Outstanding Advance					20,402,602.08
Additional Advances for current period					16,236,294.99
Ending Balance of Residual Advance					24,295,893.86

Beginning Balance of Payment Advance					763,137.17
Reimbursement of Outstanding Payment Advance					362,622.63
Additional Payment Advances for current period					238,793.99
Ending Balance of Payment Advance					639,308.53

Page 8 of 9

Exhibit 99.1

NISSAN AUTO LEASE TRUST 2011-B

Monthly Servicer's Report

for the month of October 2013 

VII. STATEMENTS TO NOTEHOLDERS

1. Has there been any material change in practices with respect to charge-
offs, collection and management of delinquent Leases, and the effect
of any grace period, re-aging, re-structuring, partial payments or
other practices on delinquency and loss experience?							No

2. Have there been any material modifications, extensions or waivers to
Lease terms, fees, penalties or payments during the Collection Period?							No

3. Have there been any material breaches of representations, warranties
or covenants contained in the Leases?							No

4. Has there been any new issuance of notes or other securities backed by the
SUBI Assets?							No

5. Has there been any material additions, removals or substitutions of
SUBI Assets, or repurchases of SUBI Assets?							No

6. Has there been any material change in the underwriting, origination or acquisition
of Leases?							No

Page 9 of 9

Nissan Auto Lease Trust 2011-B 10-D