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Strike Acceptance takes aim at ABS market (Under the Hood)

Subprime lender issued inaugural $108M auto securitization  

Marcie Belles

While a dozen credit unions have debuted securitizations in the past few years, fledgling finance company securitizers have been a rarity. But Strike Acceptance, a Laguna Hills, Calif.-based indirect lender established in 2016, priced its inaugural auto securitization last month — a $108 million 144A transaction. An auto loan originator and powersports finance servicer, Strike […]

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