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Powersports lender Octane has closed a $400 million asset-backed securitization deal backed by fixed-rate installment powersports loans issued through its in-house lender, Roadrunner Financial. The deal, which was upsized from an initial $300 million target, marks the lender’s second ABS deal of 2023, and eighth transaction to date. Octane closed a $406.9 million ABS deal […]
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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
