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AI-driven subprime auto lender Lendbuzz has secured $400 million in forward flow funding from alternative asset manager Viola Credit to diversify its funding strategy while driving origination growth. The Boston-based financier’s year-to-date originations were 50% higher in the first half of the year through June compared with the first half of 2023, Chief Financial Officer […]
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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
