Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Auto fintech Agora Data closed a $100M long-term revolving credit facility last week with investment bank Credit Suisse as it looks to expand its ability to deliver capital to lenders offering in-house financing solutions for non-prime borrowers. The fintech offers reducing rate lines of credit to buy-here-pay-here dealers and small- to mid-tier finance companies, leverages […]
Already subscribed? Log in
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
