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BHPH lender Synergy Capital Auto files for bankruptcy 

Financier provided in-house financing for Texas Auto Save 

Marcie Belles

Bogged down by debt, buy-here, pay-here lender Synergy Capital Auto Lending filed for Chapter 11 bankruptcy protection in the Western District of Texas on April 25. Synergy Capital provides in-house financing for its affiliated dealership, called Texas Auto Save (TAS), which jointly filed Chapter 11. Both San Antonio-based companies are 51% owned by Alex Sinno and 49% owned by Vasireddy Sirdhar, according to the bankruptcy filing. Combined, the companies owe about $14 million […]

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