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Lendbuzz signed an additional forward flow partner this week as the lender continues to diversify its funding strategy amid targeted growth. Boston-based Lendbuzz secured a $330 million forward flow facility with alternative asset management company AB CarVal, marking the lender’s fifth financing partner, Chief Financial Officer George Sclavos told Auto Finance News. New York-based […]
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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
