Navigator Acceptance announced today they will come to market in early December with a $3mm to $5mm loan pool of subprime automobile paper. The loans were originated from the company’s captive dealer group, Navigator Dealer Group (“NDG”). The Acceptance Company owns and services $80mm of subprime loans. NDG own and operates eight BHPH dealerships located throughout Indiana and Georgia. For information please contact Yun Jung Choi at ychoi@navigatoracc.com… Continue

Sub Prime Lender Finds Liquidity



This month Navigator Acceptance completed two sale transactions, of consumer loans, in a market where getting a deal done is at best challenging. According to Navigator’s President Bobby Lazenby, Navigator will, from time to time, continue to pursue select sales of their high quality independent automobile installment contracts. Navigator’s loans are originated directly from the group’s (Navigator Dealer Group) eight dealerships located… Continue

Harley's Skid Spills Uneasy Riders





By JOE BARRETT

INDIANAPOLIS -- The recession is creating winners and losers in the Harley-Davidson club.



The seizing up of credit markets last fall has wreaked havoc on Harley-Davidson Inc.'s finance unit. The company has announced plans to lay off 1,400 to 1,500 workers as demand tumbles. And growing numbers of cash-strapped riders have been forced to give up their pride and joy when they couldn't keep up with loan… Continue

navigator Bikes.jpg

By Rick Barrett of the Journal Sentinel

Posted: Apr. 25, 2009



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While many car manufacturers and dealerships are struggling financially, Navigator Holdings (Navigator) is expanding. The growth of the company is in large part due to the company’s incorporation of other lenders' distressed assets into the Navigator platform. Under the direction of Navigator President and turnaround expert Bobby Lazenby, the company has focused its turnaround group to create and execute workout scenarios for bank-owned, distressed assets.





Lazenby contributes… Continue