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Fintech powersports lender Octane closed a $350 million forward-flow deal with investment manager Nuveen, the latest in the lender’s efforts to diversify its funding. Octane’s deal spans powersports and outdoor power equipment loans originated by Roadrunner Financial, Octane’s in-house lender, according to the company’s May 20 release. The deal lasts one year. The deal is […]
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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
