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Exclusive: Arra Finance secures over $100M warehouse line from Goldman Sachs

Lenders are being more cautious

byTruth Headlam

October 1, 2025

in Capital & Funding

Reading Time: 4 mins read

Towable values drop 9.2% YoY in August

Auto Finance News visited a closed Tricolor dealership on Sept. 10 in Texas following the news that the lender had filed for bankruptcy.

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A Tricolor dealership in Houston, Texas, US, on Thursday, Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the US Southwest, filed to liquidate in bankruptcy. US prosecutors are also looking into allegations of fraud by the company. Photographer: Mark Felix/Bloomberg

Tricolor CEO Daniel Chu out, sources say

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Exclusive: Arra Finance secures over $100M warehouse line from Goldman Sachs

Lenders are being more cautious

Towable values drop 9.2% YoY in August

Tricolor CEO Daniel Chu out, sources say

Related Posts

Tricolor trustee plagued by payment challenges, potential fraud

Vervent to start servicing Tricolor loans following court approval

SFA: Tricolor collapse not ‘canary in the coal mine’ for subprime ABS

Tricolor CEO Daniel Chu out, sources say

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