UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, ~~2016~~2017.

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number of issuing entity: 333-185337-06

CNH EQUIPMENT TRUST 2014-B

(Exact name of issuing entity as specified in its charter)

CIK Number of issuing entity: 0001609183

Commission File Number of depositor: 333-185337

CNH CAPITAL RECEIVABLES LLC

(Exact name of depositor as specified in its charter)

CIK Number of depositor: 0001115252

CNH INDUSTRIAL CAPITAL AMERICA LLC

(Exact name of sponsor as specified in its charter)

CIK Number of sponsor: 0001540092

Delaware

(State or other jurisdiction of incorporation or organization of the issuing entity)

46-7526775 (CNH Equipment Trust 2014-B)

39-1995297 (CNH Capital Receivables LLC)

(I.R.S. Employer Identification No.)

6900 Veterans Boulevard
Burr Ridge, Illinois		60527
(Address of principal executive offices)		(Zip Code)

(630) 887-5451

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act: None.

Securities registered pursuant to Section 12(g) of the Act: None.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. x Yes o No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S- T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). o Yes o No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” ~~and~~ “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Check one:

Large accelerated filer o Accelerated filer o Non-accelerated filer x Smaller Reporting Company o (Do not check if a smaller reporting company) Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter. Registrant has no voting or non-voting common equity outstanding held by non-affiliates.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the last practicable date. Not applicable.

DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

None.

PART I

CNH Equipment Trust 2014-B (the “Trust”) is a trust established under the laws of the State of Delaware by the Trust Agreement dated May 1, 2014 between CNH Capital Receivables LLC (the “Seller”), and Wilmington Trust Company, as trustee. New Holland Credit Company, LLC, (the “Servicer”), is the Servicer under a Sale and Servicing Agreement (the “Sale and Servicing Agreement”) dated as of May 1, 2014 among the Servicer, the Seller and the Trust. The Trust issued $999,567,000 in aggregate principal amount of asset-backed notes, Classes A-1, A-2, A-3, A-4 (collectively, the “Class A Notes”) and B (the “Class B Notes” and together with the Class A Notes, the “Notes”), pursuant to an Indenture dated as of May 1, 2014, between the Trust and Deutsche Bank Trust Company Americas, as indenture trustee. The Class A Notes and the Class B Notes were publicly offered. The Seller initially retained ownership of the certificates representing the ownership interest in the Trust (the “Certificates”).

The following Items have been omitted in accordance with General Instruction J to Form 10-K:

Item 1.		Business.

Item 1A.		Risk Factors.

Item 2.		Properties.

Item 3.		Legal Proceedings.

Item 1B.		Unresolved Staff Comments. Not Applicable.

Item 4.		Mine Safety Disclosures. Not Applicable.

PART II

The following Items have been omitted in accordance with General Instruction J to Form 10-K:

Item 5.		Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.

Item 6.		Selected Financial Data.

Item 7.		Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Item 7A.		Quantitative and Qualitative Disclosures About Market Risk.

Item 8.		Financial Statements and Supplementary Data.

Item 9.		Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.

Item 9A.

Controls and Procedures.

Item 9B.

Other Information. None.

PART III

The following Items have been omitted in accordance with General Instruction J to Form 10-K:

Item 10.		Directors, Executive Officers and Corporate Governance.

Item 11.		Executive Compensation.

Item 12.		Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

Item 13.		Certain Relationships and Related Transactions, and Director Independence.

Item 14.		Principal Accountant Fees and Services.

PART IV

Item 15.		Exhibits and Financial Statement Schedules.

(a)		(1) Not applicable.

		(2) Not applicable.

		(3) The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index.

(b) Exhibits.

Exhibit Number		Description

Exhibit 3.1:		Certificate of Formation of CNH Capital Receivables LLC (Filed as Exhibit 3(a) to registrant’s Form S-3 filed on December 7, 2012, and incorporated herein by reference).

Exhibit 3.2:		Limited Liability Company Agreement of CNH Capital Receivables LLC (Filed as Exhibit 3(b) to registrant’s Form S-3 filed on December 7, 2012, and incorporated herein by reference).

Exhibit Number		Description

Exhibit 4.1:		Indenture, dated as of May 1, 2014, between CNH Equipment Trust 2014-B and Deutsche Bank Trust Company Americas (Filed as Exhibit 4.1 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit 4.2:		Trust Agreement, dated as of May 1, 2014, among CNH Capital Receivables LLC and Wilmington Trust Company, as trustee (Filed as Exhibit 4.2 of the Trust’s Current Report on Form 8-K filed on June 5, 2014, and incorporated herein by reference).

Exhibit 4.3:		Sale and Servicing Agreement, dated as of May 1, 2014, among CNH Capital Receivables LLC, New Holland Credit Company, LLC and CNH Equipment Trust 2014-B (Filed as Exhibit 4.2 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit 4.4:		Purchase Agreement, dated as of May 1, 2014, between CNH Capital Receivables LLC and CNH Industrial Capital America LLC (Filed as Exhibit 4.3 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit 4.5:		Administration Agreement, dated as of May 1, 2014, among New Holland Credit Company, LLC, CNH Equipment Trust 2014-B, Wilmington Trust Company and Deutsche Bank Trust Company Americas (Filed as Exhibit 4.4 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit 10.1:		Underwriting Agreement, dated as of June 3, 2014, among CNH Industrial Capital America LLC, CNH Capital Receivables LLC, Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., and RBS Securities Inc., as representatives of the several underwriters (Filed as Exhibit 1.1 of the Trust’s Current Report on Form 8-K filed on June 5, 2014, and incorporated herein by reference).

Exhibit 31.1:		Section 302 Certification.

Exhibit 33.1:		Certification Regarding Compliance with Applicable Servicing Criteria (New Holland Credit Company, LLC).

Exhibit Number		Description

Exhibit 33.2:		Management’s Assertion of Compliance (Deutsche Bank Trust Company Americas).

Exhibit 34.1:		Report of Independent Registered Public Accounting Firm (Ernst & Young LLP).

Exhibit 34.2:		Report of Independent Registered Public Accounting Firm (KPMG LLP).

Exhibit 35.1:		Servicing Compliance Statement of New Holland Credit Company, LLC.

~~Substitute~~Item ~~information~~16. ~~provided in accordance with General Instruction J to~~ Form 10-K: Summary. None.

~~Item~~Substitute ~~1112(b) of~~information ~~Regulation~~provided ~~AB.~~in ~~Significant~~accordance ~~Obligor~~with ~~Financial~~General ~~Information.~~Instruction J to Form 10-K:

NoItem ~~obligor~~1112(b) of ~~relating~~Regulation toAB. ~~the~~Significant ~~pool~~Obligor ~~assets~~Financial ~~held by the issuing entity is a “significant obligor” as that term is defined in Regulation AB~~Information.

~~Item~~No ~~1114(b)(2) of~~obligor ~~Regulation~~relating ~~AB.~~to ~~Credit~~the ~~Enhancement~~pool ~~and~~assets ~~Other~~held ~~Support,~~by ~~Except~~the ~~for~~issuing ~~Certain~~entity ~~Derivatives~~is ~~Instruments~~a “significant obligor” as that term is defined in Regulation AB.

~~Based on the standards set forth in~~ Item 1114(b)(2) of Regulation AB,. noCredit ~~information~~Enhancement isand ~~required~~Other inSupport, ~~response~~Except tofor ~~this~~Certain ~~Item~~Derivatives Instruments.

Based on the standards set forth in Item ~~1115~~1114(b)(2) of Regulation AB., ~~Certain~~no ~~Derivatives~~information ~~Instruments~~is required in response to this Item.

~~Based on the standards set forth in~~ Item 1115(b) of Regulation AB,. noCertain ~~information~~Derivatives ~~is required in response to this Item~~Instruments.

~~Item~~Based ~~1117~~on the standards set forth in Item 1115(b) of Regulation AB., ~~Legal~~no ~~Proceedings~~information is required in response to this Item.

Except as disclosed in the following paragraph, the registrant knows of no material pending legal proceedings or material legal proceedings contemplated by governmental authorities against any of the parties or property for which Item 1117 of Regulation AB. ~~would~~Legal ~~require disclosure~~Proceedings.

~~Deutsche~~Except ~~Bank~~as ~~Trust~~disclosed ~~Company~~in ~~Americas~~the ~~(“DBTCA”)~~following paragraph, as the ~~indenture~~registrant ~~trustee,~~knows ~~has~~of ~~provided~~no ~~the~~material ~~following~~pending ~~information~~legal ~~for~~proceedings ~~inclusion~~or inmaterial ~~the~~legal ~~registrant’s~~proceedings ~~Securities~~contemplated ~~Exchange~~by ~~Act~~governmental ~~filings~~authorities ~~(in~~against any of the ~~following,~~parties ~~Deutsche~~or ~~Bank~~property ~~National~~for ~~Trust~~which ~~Company~~Item is1117 ~~referred~~of toRegulation asAB ~~“DBNTC”):~~would require disclosure.

~~“DBTCA~~Deutsche ~~and~~Bank ~~DBNTC~~Trust ~~have~~Company ~~been~~Americas, ~~sued~~as bythe ~~investors~~indenture intrustee, ~~civil~~has ~~litigation~~provided ~~concerning~~the ~~their~~following ~~role~~information asfor ~~trustees~~inclusion ofin ~~certain~~the ~~RMBS~~registrant’s ~~trusts.~~Securities Exchange Act filings:

On“Deutsche ~~June 18,~~Bank ~~2014,~~Trust aCompany ~~group~~Americas ~~of investors, including funds managed by Blackrock Advisors, LLC, PIMCO-Advisors, L.P., and others, filed a derivative action against DBNTC and~~ (“DBTCA”) ~~in New York State Supreme Court purportedly on behalf of~~ and ~~for~~Deutsche ~~the~~Bank ~~benefit~~National ~~of 544 private-label RMBS trusts asserting claims for alleged violations of the U.S.~~ Trust ~~Indenture~~Company ~~Act of 1939~~ (~~TIA~~“DBNTC”), ~~breach~~have ofbeen ~~contract,~~sued ~~breach~~by ofinvestors ~~fiduciary~~in ~~duty~~civil ~~and~~litigation ~~negligence~~concerning ~~based on DBNTC and DBTCA’s alleged failure to perform~~ their ~~duties~~role as trustees ~~for the trusts. Plaintiffs subsequently dismissed their state court complaint and filed a derivative and class action complaint in the U.S. District Court for the Southern District~~ of ~~New~~certain ~~York on behalf of and for the benefit of 564 private-label~~ RMBS trusts~~, which substantially overlapped with the trusts at issue in the state court action~~. The complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $89.4 billion, but the complaint does not include a demand for money damages in a sum certain. DBNTC and DBTCA filed a motion to dismiss, and on January 19, 2016, the court partially granted the motion on procedural grounds: as to the 500 trusts that are governed by Pooling and Servicing

5On June 18, 2014, a group of investors, including funds managed by Blackrock Advisors, LLC, PIMCO-Advisors, L.P., and others, filed a derivative action against DBNTC and DBTCA in New York State Supreme Court purportedly on behalf of and for the benefit of 544 private-label RMBS trusts asserting claims for alleged violations of the U.S. Trust Indenture Act of 1939 (TIA), breach of contract, breach of fiduciary duty and negligence based on DBNTC and DBTCA’s alleged failure to perform their duties as trustees for the trusts. Plaintiffs subsequently dismissed their state court complaint and filed a derivative and class action complaint in the U.S. District Court for the Southern District of New York on behalf of and for the benefit of 564 private-label RMBS trusts, which substantially overlapped with the trusts at issue in the state court action. The complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $89.4 billion, but the complaint does not include a demand for money damages in a sum certain. DBNTC and DBTCA filed a motion to dismiss, and on January 19, 2016, the court

Agreements, the court declined to exercise jurisdiction. The court did not rule on substantive defenses asserted in the motion to dismiss. On March 22, 2016, plaintiffs filed an amended complaint in federal court. In the amended complaint, in connection with 62 trusts governed by indenture agreements, plaintiffs assert claims for breach of contract, violation of the TIA, breach of fiduciary duty, and breach of duty to avoid conflicts of interest. The amended complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $9.8 billion, but the complaint does not include a demand for money damages in a sum certain. On July 15, 2016, DBNTC and DBTCA filed a motion to dismiss the amended complaint. On January 23, 2017, the court granted in part and denied in part DBNTC and DBTCA’s motion to dismiss. The court granted the motion to dismiss with respect to plaintiffs’ conflict-of-interest claim, thereby dismissing it, and denied the motion to dismiss with respect to plaintiffs’ breach of contract claim (except as noted below) and claim for violation of the TIA, thereby allowing those claims to proceed. On January 26, 2017, the parties filed a joint stipulation and proposed order dismissing plaintiffs’ claim for breach of fiduciary duty. On January 27, 2017, the court entered the parties’ joint stipulation and ordered that plaintiffs’ claim for breach of fiduciary duty be dismissed. On February 3, 2017, following a hearing concerning DBNTC and DBTCA’s motion to dismiss on February 2, 2017, the court issued a short form order dismissing (i) plaintiffs’ representation and warranty claims as to 21 trusts whose originators and/or sponsors had entered bankruptcy and the deadline for asserting claims against such originators and/or sponsors had passed as of 2009 and (ii) plaintiffs’ claims to the extent they were premised upon any alleged pre-Event of Default duty to terminate servicers. Discovery is ongoing.5

Onpartially ~~March 25,~~granted ~~2016,~~the motion on procedural grounds: as to the ~~BlackRock~~500 ~~plaintiffs~~trusts ~~filed~~that aare ~~state~~governed ~~court~~by ~~action~~Pooling ~~against~~and ~~DBTCA~~Servicing inAgreements, the ~~Superior~~court ~~Court~~declined ofto ~~California,~~exercise ~~Orange~~jurisdiction. ~~County~~The ~~with~~court ~~respect~~did tonot ~~513~~rule on ~~trusts~~substantive defenses asserted in the motion to dismiss. On ~~May~~March 1822, 2016, plaintiffs filed an amended complaint ~~with~~in ~~respect~~federal tocourt. In ~~465~~the ~~trusts~~amended complaint, ~~and~~in ~~included~~connection ~~DBNTC~~with as62 antrusts ~~additional~~governed ~~defendant. The~~by ~~amended~~indenture ~~complaint~~agreements, ~~asserts~~plaintiffs ~~three~~assert ~~causes~~claims offor ~~action:~~ breach of contract;, violation of the TIA, breach of fiduciary duty;, and breach of ~~the~~ duty to avoid conflicts of interest. ~~Plaintiffs purport to bring the action on behalf of themselves and all other current owners of certificates in the 465 trusts.~~ The amended complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $759.78 billion, but the complaint does not include a demand for money damages in a sum certain. On ~~August~~July 2215, 2016, DBNTC and DBTCA filed a ~~demurrer~~motion as to ~~Plaintiffs’~~dismiss ~~breach~~the ofamended ~~fiduciary~~complaint. On ~~duty~~January 23, ~~cause~~2017, ofthe ~~action~~court granted in part and ~~breach~~denied ofin part DBNTC and DBTCA’s motion to dismiss. The court granted the ~~duty~~motion to ~~avoid~~dismiss ~~conflicts~~with ofrespect ~~interest~~to ~~cause~~plaintiffs’ conflict-of-interest ~~action~~claim, thereby dismissing it, and denied the motion to ~~strike~~dismiss aswith respect to ~~Plaintiffs~~plaintiffs’ breach of contract ~~cause~~claim (except as noted below) and claim for violation of ~~action~~the TIA, thereby allowing those claims to proceed. On ~~October~~January 1826, ~~2016~~2017, the ~~court~~parties ~~granted~~filed ~~DBNTC~~a joint stipulation and ~~DBTCA~~proposed order dismissing plaintiffs’s ~~demurrer~~claim for breach of fiduciary duty. On January 27, ~~providing~~2017, ~~Plaintiffs~~the ~~with~~court ~~thirty~~entered ~~days~~the parties’ ~~leave~~joint tostipulation ~~amend~~and ordered that plaintiffs’ claim for breach of fiduciary duty be dismissed. On February 3, ~~and~~2017, ~~denied~~following a hearing concerning DBNTC and DBTCA’s motion to ~~strike. Plaintiffs~~dismiss ~~did~~on ~~not~~February 2, ~~further~~2017, ~~amend~~the ~~their~~court ~~complaint~~issued a short form order dismissing (i) plaintiffs’ representation and, onwarranty ~~December~~claims as to 21 trusts whose originators and/or sponsors had entered bankruptcy and the deadline for asserting claims against such originators and/or sponsors had passed as of 2009 and (ii) 19plaintiffs’ claims to the extent they were premised upon any alleged pre-Event of Default duty to terminate servicers. On March 27, ~~2016~~2017, DBNTC and DBTCA filed an answer to the amended complaint. On January 26, 2018, Plaintiffs filed a motion for class certification. DBNTC and DBTCA’s opposition to Plaintiffs’ motion is due on March 26, 2018, and Plaintiffs’ reply is due on April 16, 2018. Discovery is ongoing.

On ~~December~~March 3025, ~~2015~~2016, ~~IKB~~ ~~International,~~the ~~S.A.~~BlackRock inplaintiffs ~~Liquidation~~filed ~~and~~a ~~IKB~~state ~~Deutsche~~court ~~Industriebank~~action ~~A.G.~~against ~~(collectively,~~DBTCA ~~“IKB”),~~in asthe anSuperior ~~investor~~Court inof ~~37 RMBS trusts~~California, ~~filed~~Orange aCounty ~~summons~~ with ~~notice~~respect into ~~the~~513 ~~Supreme~~trusts. On ~~Court~~May 18, of2016, ~~the~~plaintiffs ~~State~~filed ofan ~~New~~amended ~~York,~~complaint ~~New~~with ~~York~~respect ~~County,~~to ~~against~~465 ~~DBNTC~~trusts, and ~~DBTCA~~included DBNTC as ~~trustees~~an ofadditional ~~the trusts~~defendant. OnThe ~~May 27,~~amended ~~2016, IKB served its~~ complaint ~~asserting~~asserts ~~claims~~three ~~for~~causes of action: breach of contract,; breach of fiduciary duty,; and breach of the duty to avoid conflicts of interest,. Plaintiffs ~~violation~~purport ofto ~~New~~bring ~~York’s~~the ~~Streit~~action ~~Act,~~on ~~violation~~behalf of ~~the~~themselves ~~Trust~~and ~~Indenture~~all ~~Act,~~other ~~violation~~current ofowners ~~Regulation AB, and violation~~ of ~~Section 9~~certificates ofin the ~~Uniform~~465 ~~Commercial Code~~trusts. ~~IKB~~The amended complaint alleges that ~~DBNTC~~the ~~and~~trusts ~~DBTCA~~at ~~are~~issue ~~liable~~have ~~for~~suffered ~~over~~total realized collateral losses of U.S. $~~268~~75.7 ~~million~~billion, inbut does not include a demand for money damages in a sum certain. On ~~October~~August 522, 2016, DBNTC and DBTCA, ~~together~~filed ~~with~~a ~~several~~demurrer ~~other~~as ~~trustees~~to ~~defending~~Plaintiffs’ ~~lawsuits~~breach byof ~~IKB,~~fiduciary ~~filed~~duty acause ~~joint~~of action and breach of the duty to avoid conflicts of interest cause of action and motion to ~~dismiss~~strike as to Plaintiffs’ breach of contract cause of action. On ~~January~~October 618, ~~2017~~2016, ~~IKB~~ ~~filed~~the acourt ~~notice~~granted ofDBNTC ~~discontinuance~~and DBTCA’s demurrer, ~~voluntarily~~providing ~~dismissing~~Plaintiffs with ~~prejudice~~thirty ~~all~~days’ ~~claims~~leave as to ~~three~~amend, ~~trusts~~and denied DBNTC and DBTCA’s motion to strike. AsPlaintiffs ofdid ~~January~~not further amend their complaint and, on December 1719, ~~2017~~2016, DBNTC and DBTCA’s ~~motion~~filed an answer to ~~dismiss~~the ~~has~~amended ~~been~~complaint. On ~~briefed~~January 17, ~~and~~2018, isPlaintiffs ~~awaiting~~filed ~~decision~~a bymotion ~~the~~for ~~court~~class certification. ~~Certain~~DBNTC ~~limited~~and ~~discovery~~DBTCA’s opposition to Plaintiffs’ motion is ~~permitted~~due toon goMarch 30, ~~forward~~2018, ~~while~~and ~~the~~Plaintiffs’ ~~motion~~reply tois ~~dismiss~~due on April 30, 2018. Discovery is ~~pending~~ongoing.”

~~Item~~On ~~1119~~September 27, 2017, DBTCA was added as a defendant to a case brought by certain special purpose entities including Phoenix Light SF Limited in the U.S. District Court for the Southern District of ~~Regulation~~New ABYork, in which the plaintiffs previously alleged incorrectly that DBNTC served as trustee for all 43 of the trusts at issue. On ~~Affiliates~~September 27, 2017, plaintiffs filed a third amended complaint that names DBTCA as a defendant in addition to DBNTC. DBTCA serves as trustee for one of the 43 trusts at issue. DBNTC serves as trustee for the other 42 trusts at issue. Plaintiffs’ third amended complaint brings claims for violation of the TIA; breach of contract; breach of fiduciary duty; negligence and ~~Certain~~gross ~~Relationships~~negligence; violation of the Streit Act; and ~~Related~~breach ~~Transactions~~of the covenant of good faith. However, in the third amended complaint, plaintiffs acknowledge that, before DBTCA was added to the case, the court dismissed plaintiffs’ TIA Act claims, negligence and gross negligence claims, Streit Act claims, claims for breach of the covenant of good faith, and certain theories of plaintiffs’ breach of contract claims, and plaintiffs only include these claims to preserve any rights on appeal. Plaintiffs allege damages of “hundreds of millions of dollars.” On November 13, 2017, DBNTC and DBTCA filed an answer to the third amended complaint. Discovery is ongoing.

~~Information~~On ~~required~~November 30, by2017, ~~Item~~DBTCA ~~1119~~was ofadded ~~Regulation~~as ABa ~~has~~defendant ~~been~~to ~~omitted~~a ~~from~~case ~~this~~brought ~~report~~by onCommerzbank ~~Form 10-K~~AG (“Commerzbank”) in ~~reliance~~the onU.S. ~~the~~District ~~Instruction~~Court tofor ~~Item~~the ~~1119~~Southern ~~because~~District ~~such~~of ~~information~~New ~~has~~York, ~~been~~in which Commerzbank previously ~~provided~~alleged incorrectly that DBNTC served as ~~permitted~~trustee byfor all 50 of the ~~Instructions~~trusts toat ~~Item~~issue. On ~~1119~~November 30, 2017, Commerzbank filed a second amended complaint that names DBTCA as a defendant in addition to DBNTC.

~~Item~~DBTCA ~~1122~~serves as trustee for 1 of ~~Regulation~~the AB50 trusts at issue. DBNTC ~~Compliance~~serves ~~with~~as ~~Applicable~~trustee ~~Servicing~~for ~~Criteria~~the other 49 trusts at issue. Commerzbank’s second amended complaint brings claims for violation of the TIA; breach of contract; breach of fiduciary duty; negligence; violation of the Streit Act; and breach of the covenant of good faith. However, in the second amended complaint, Commerzbank acknowledges that, before DBTCA was added to the case, the court dismissed Commerzbank’s TIA claims for the trusts governed by pooling and servicing agreements, as well as its Streit Act claims and claims for breach of the covenant of good faith, and Commerzbank only includes these claims to preserve any rights on appeal. The second amended complaint alleges that DBNTC and DBTCA caused Commerzbank to suffer “hundreds of millions of dollars in losses,” but the complaint does not include a demand for money damages in a sum certain. On January 29, 2018, DBNTC and DBTCA filed an answer to the second amended complaint. Discovery is ongoing.

~~Each~~On ofDecember 30, ~~New Holland Credit Company~~2015, IKB ~~LLC (“NHCC”)~~International, asS.A. ~~Servicer,~~in Liquidation and IKB Deutsche ~~Bank~~Industriebank ~~Trust~~A.G. ~~Company Americas~~ (collectively, “DBIKB”), as ~~Indenture~~an ~~Trustee,~~investor ~~(each,~~in a37 ~~“Servicing~~RMBS ~~Participant”)~~trusts, ~~have~~filed ~~been~~a ~~identified~~summons bywith ~~the~~notice ~~registrant~~in asthe aSupreme ~~party~~Court ~~participating~~of in the ~~servicing~~State ~~function~~of ~~with~~New ~~respect~~York, toNew ~~the~~York ~~pool~~County, ~~assets~~against ~~held~~DBNTC byand ~~the~~DBTCA ~~Trust.~~as ~~Each~~trustees of the ~~Servicing~~trusts. On ~~Participants~~May 27, ~~has~~2016, IKB ~~completed~~served aits ~~report~~complaint onasserting ~~assessment~~claims for breach of ~~compliance~~contract, ~~with~~breach ~~the~~of ~~servicing~~fiduciary ~~criteria~~duty, ~~applicable~~breach of duty to ~~such~~avoid ~~Servicing~~conflicts ~~Participant~~of ~~(each~~interest, aviolation ~~“Report~~of onNew ~~Assessment”)~~York’s Streit Act, ~~which~~violation ~~for~~of DBthe ~~are~~Trust ~~all~~Indenture ~~servicing~~Act, ~~criteria~~violation ~~set~~of ~~forth~~Regulation ~~in Item 1122(d)~~AB, ~~except~~and ~~for~~violation ~~Items~~of ~~1122(d)(4)(iv)~~Section —9 ~~1122(d)(4)(xiv),~~of ~~and~~the ~~which~~Uniform ~~for~~Commercial ~~NHCC~~Code. IKB ~~are~~alleges ~~all~~that ~~servicing~~DBNTC ~~criteria~~and ~~set~~DBTCA ~~forth~~are inliable ~~Item~~for ~~1122(d),~~over ~~except~~U.S. ~~for~~$268 ~~Items~~million ~~1122~~in ~~(d)(1)(iii)~~damages. On October 5, ~~1122 (d)(1)(iv)~~2016, ~~1122~~DBNTC ~~(d)(2)(ii)~~and DBTCA, ~~1122~~together ~~(d)(2)(iii),~~with ~~1122(d)(2)(vi),~~several ~~1122~~other ~~(d)(4)(x),~~trustees ~~1122~~defending ~~(d)(4)(xi),~~lawsuits ~~1122~~by ~~(d)(4)(xii)~~IKB, ~~1122~~filed ~~(d)(4)(xiii),~~a ~~and~~joint ~~1122~~motion ~~(d)(4)(xv)~~to dismiss. On ~~The~~January 6, ~~Report~~2017, IKB onfiled ~~Assessment~~a ~~provided~~notice byof ~~NHCC~~discontinuance, ~~and~~voluntarily ~~the~~dismissing ~~Report~~with onprejudice ~~Assessment~~all ~~provided~~claims byas DBto ~~are~~three ~~dated~~trusts. As as of ~~March~~January 2717, 2017, DBNTC and ~~February~~DBTCA’s motion to dismiss has been briefed and is awaiting decision by the court. On June 2420, 2017, ~~respectively,~~the ~~and~~parties asfiled ofa ~~and~~stipulation, ~~for~~voluntarily adismissing ~~period~~with ~~consisting~~prejudice ofall ~~the~~claims ~~twelve~~as ~~months~~to ~~ended~~four ~~December 31,~~additional ~~2016~~trusts. Certain ~~Each~~limited ~~Report~~discovery onis ~~Assessment~~permitted isto ~~attached~~go asforward anwhile ~~exhibit~~the motion to ~~this~~dismiss ~~Form 10-K~~is pending.”

InItem ~~addition,~~1119 ~~each~~ of ~~the~~Regulation ~~Servicing Participants has provided an attestation report (each, an “Attestation Report”) by an independent registered public accounting firm regarding its related Report on Assessment~~AB. ~~Each~~Affiliates ~~Attestation~~and ~~Report~~Certain isRelationships ~~attached~~and asRelated ~~an exhibit to this Form 10-K~~Transactions.

~~None~~Information ofrequired ~~the~~by ~~Reports~~Item on1119 ~~Assessment~~of orRegulation ~~the~~AB ~~related~~has ~~Attestation~~been ~~Reports~~omitted ~~have~~from ~~identified~~this ~~any~~report ~~material~~on ~~instances~~Form 10-K ~~of noncompliance with the servicing criteria identified~~ in ~~such~~reliance ~~Report~~ on ~~Assessment~~the asInstruction ~~applicable~~ to ~~the~~Item ~~related~~1119 ~~Servicing~~because ~~Participant. In~~such ~~addition,~~information ~~neither~~has ~~the~~been ~~Report~~previously onprovided ~~Assessment~~as ~~provided~~permitted by ~~NHCC nor~~ the ~~related~~Instructions ~~Attestation Report have identified any material deficiency in NHCC’s policies and procedures~~ to ~~monitor~~Item ~~vendor compliance~~1119.

~~Item 1123 of Regulation AB. Servicer Compliance Statement.~~7

AItem ~~Servicer~~1122 ~~Compliance Statement from an officer~~ of ~~New~~Regulation ~~Holland~~AB. ~~Credit~~Compliance ~~Company,~~with ~~LLC~~Applicable isServicing ~~included as an exhibit to this Report~~Criteria.

7Each of New Holland Credit Company, LLC (“NHCC”), as Servicer, and Deutsche Bank Trust Company Americas (“DB”), as Indenture Trustee, (each, a “Servicing Participant”) have been identified by the registrant as a party participating in the servicing function with respect to the pool assets held by the Trust. Each of the Servicing Participants has completed a report on assessment of compliance with the servicing criteria applicable to such Servicing Participant (each, a “Report on Assessment”) , which for DB are all servicing criteria set forth in Item 1122(d), except for Items 1122(d)(4)(iv) — 1122(d)(4)(xiv), and which for NHCC are all servicing criteria set forth in Item 1122(d), except for Items 1122 (d)(1)(iii), 1122 (d)(1)(iv), 1122 (d)(2)(ii), 1122 (d)(2)(iii), 1122(d)(2)(vi), 1122 (d)(4)(x), 1122 (d)(4)(xi), 1122 (d)(4)(xii), 1122 (d)(4)(xiii), and 1122 (d)(4)(xv). The Report on Assessment provided by NHCC and the Report on Assessment provided by DB are dated as of March 21, 2018 and February 28, 2018, respectively, and as of and for a period consisting of the twelve months ended December 31, 2017. Each Report on Assessment is attached as an exhibit to this Form 10-K.

~~SIGNATURES~~In addition, each of the Servicing Participants has provided an attestation report (each, an “Attestation Report”) by an independent registered public accounting firm regarding its related Report on Assessment. Each Attestation Report is attached as an exhibit to this Form 10-K.

~~Pursuant~~None toof the ~~requirements~~Reports ofon ~~Section 13~~Assessment or ~~15(d) of~~ the ~~Securities~~related ~~Exchange~~Attestation ~~Act~~Reports have identified any material instances of ~~1934,~~noncompliance with the ~~registrant~~servicing ~~has~~criteria ~~duly~~identified ~~caused~~in ~~this~~such ~~report~~Report on Assessment as applicable to bethe ~~signed~~related Servicing Participant. In addition, neither the Report on ~~its~~Assessment ~~behalf~~provided by NHCC nor the ~~undersigned,~~related ~~thereunto~~Attestation ~~duly~~Report ~~authorized~~have identified any material deficiency in NHCC’s policies and procedures to monitor vendor compliance.

March 29, 2017
	CNH EQUIPMENT TRUST 2014-B
	By:	New Holland Credit Company, LLC, as Servicer
	By:	/s/ Brett D. Davis
	Name:	Brett D. Davis
	Title:	President (senior officer in charge of the servicing function)

Item 1123 of Regulation AB. Servicer Compliance Statement.

~~SUPPLEMENTAL~~A ~~INFORMATION~~Servicer TOCompliance BEStatement ~~FURNISHED~~from ~~WITH~~an ~~REPORTS~~officer ~~FILED~~of ~~PURSUANT~~New TOHolland ~~SECTION 15(D) OF~~Credit ~~THE~~Company, ~~ACT~~LLC BYis ~~REGISTRANTS~~included ~~WHICH~~as ~~HAVE~~an ~~NOT~~exhibit ~~REGISTERED~~to ~~SECURITIES~~this ~~PURSUANT TO SECTION 12 OF THE ACT~~Report.

No annual report or proxy materials have been sent to securityholders and the registrant does not intend to furnish such report or proxy materials to securityholders subsequent to the filing of this Annual Report on FormEXHIBIT ~~10-K.~~INDEX

Exhibit Number		Description

Exhibit 3.1:		Certificate of Formation of CNH Capital Receivables LLC (Filed as Exhibit 3(a) to registrant’s Form S-3 filed on December 7, 2012, and incorporated herein by reference).

Exhibit 3.2:		Limited Liability Company Agreement of CNH Capital Receivables LLC (Filed as Exhibit 3(b) to registrant’s Form S-3 filed on December 7, 2012, and incorporated herein by reference).

Exhibit 4.1:		Indenture, dated as of May 1, 2014, between CNH Equipment Trust 2014-B and Deutsche Bank Trust Company Americas (Filed as Exhibit 4.1 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit 4.2:		Trust Agreement, dated as of May 1, 2014, among CNH Capital Receivables LLC and Wilmington Trust Company, as trustee (Filed as Exhibit 4.2 of the Trust’s Current Report on Form 8-K filed on June 5, 2014, and incorporated herein by reference).

Exhibit 4.3:		Sale and Servicing Agreement, dated as of May 1, 2014, among CNH Capital Receivables LLC, New Holland Credit Company, LLC and CNH Equipment Trust 2014-B (Filed as Exhibit 4.2 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit 4.4:		Purchase Agreement, dated as of May 1, 2014, between CNH Capital Receivables LLC and CNH Industrial Capital America LLC (Filed as Exhibit 4.3 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

~~CNH EQUIPMENT TRUST 2014-B~~8

~~EXHIBIT INDEX~~Exhibit 4.5: Administration Agreement, dated as of May 1, 2014, among New Holland Credit Company, LLC, CNH Equipment Trust 2014-B, Wilmington Trust Company and Deutsche Bank Trust Company Americas (Filed as Exhibit 4.4 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit Number		Description
Exhibit 3.1:		Certificate of Formation of CNH Capital Receivables LLC (Filed as Exhibit 3(a) to registrant’s Form S-3 filed on December 7, 2012, and incorporated herein by reference).
Exhibit 3.2:		Limited Liability Company Agreement of CNH Capital Receivables LLC (Filed as Exhibit 3(b) to registrant’s Form S-3 filed on December 7, 2012, and incorporated herein by reference).
Exhibit 4.1:		Indenture, dated as of May 1, 2014, between CNH Equipment Trust 2014-B and Deutsche Bank Trust Company Americas (Filed as Exhibit 4.1 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).
Exhibit 4.2:		Trust Agreement, dated as of May 1, 2014, among CNH Capital Receivables LLC and Wilmington Trust Company, as trustee (Filed as Exhibit 4.2 of the Trust’s Current Report on Form 8-K filed on June 5, 2014, and incorporated herein by reference).
Exhibit 4.3:		Sale and Servicing Agreement, dated as of May 1, 2014, among CNH Capital Receivables LLC, New Holland Credit Company, LLC and CNH Equipment Trust 2014-B (Filed as Exhibit 4.2 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).
Exhibit 4.4:		Purchase Agreement, dated as of May 1, 2014, between CNH Capital Receivables LLC and CNH Industrial Capital America LLC (Filed as Exhibit 4.3 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).
Exhibit 4.5:		Administration Agreement, dated as of May 1, 2014, among New Holland Credit Company, LLC, CNH Equipment Trust 2014-B, Wilmington Trust Company and Deutsche Bank Trust Company Americas (Filed as Exhibit 4.4 of the Trust’s Current Report on Form 8-K filed on June 11, 2014, and incorporated herein by reference).

Exhibit Number		Description

Exhibit 10.1:		Underwriting Agreement, dated as of June 3, 2014, among CNH Industrial Capital America LLC, CNH Capital Receivables LLC, Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., and RBS Securities Inc., as representatives of the several underwriters (Filed as Exhibit 1.1 of the Trust’s Current Report on Form 8-K filed on June 5, 2014, and incorporated herein by reference).

Exhibit 31.1:		Section 302 Certification.

Exhibit 33.1:		Certification Regarding Compliance with Applicable Servicing Criteria (New Holland Credit Company, LLC).

Exhibit 33.2:		Management’s Assertion of Compliance (Deutsche Bank Trust Company Americas).

Exhibit 34.1:		Report of Independent Registered Public Accounting Firm (Ernst & Young LLP).

Exhibit 34.2:		Report of Independent Registered Public Accounting Firm (KPMG LLP).

Exhibit 35.1:		Servicing Compliance Statement of New Holland Credit Company, LLC.

Exhibit Number		Description
Exhibit 10.1:		Underwriting Agreement, dated as of June 3, 2014, among CNH Industrial Capital America LLC, CNH Capital Receivables LLC, Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., and RBS Securities Inc., as representatives of the several underwriters (Filed as Exhibit 1.1 of the Trust’s Current Report on Form 8-K filed on June 5, 2014, and incorporated herein by reference).
Exhibit 31.1:		Section 302 Certification.
Exhibit 33.1:		Certification Regarding Compliance with Applicable Servicing Criteria (New Holland Credit Company, LLC).
Exhibit 33.2:		Management’s Assertion of Compliance (Deutsche Bank Trust Company Americas).
Exhibit 34.1:		Report of Independent Registered Public Accounting Firm (Ernst & Young LLP).
Exhibit 34.2:		Report of Independent Registered Public Accounting Firm (KPMG LLP).
Exhibit 35.1:		Servicing Compliance Statement of New Holland Credit Company, LLC.

10SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

March 27, 2018

	CNH EQUIPMENT TRUST 2014-B

	By:	New Holland Credit Company, LLC, as Servicer


	By:	/s/ Brett D. Davis
	Name:	Brett D. Davis
	Title:	President (senior officer in charge of the servicing function)

SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

Filing Compare · CNH Equipment Trust 2014-B