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Online powersports marketplace RumbleOn has secured a $75 million used powersports inventory financing credit facility with J.P. Morgan. The $75 million facility will allow RumbleOn to add vehicle options to its online marketplace and retail locations, according to a company release. “The option to finance used inventory provides us with the flexibility we need to […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
