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Home » Auto ABS issuances drop 37.2% YoY in May

Auto ABS issuances drop 37.2% YoY in May

Auto Finance Summit East 2025

Aidan BushbyAidan Bush
May 19, 2025
in Capital & Funding
Reading Time: 3 mins read
0
Auto ABS issuances drop 37.2% YoY in May

From left: Auto Finance News Editor Amanda Harris, Avid Acceptance President and Chief Financial Officer Curtis Ash, NextGear Capital Finance AVP Justin Makinson, SAFCO Chief Financial Officer Jason Person. (Courtesy/Auto Finance News)

As spreads widen and asset-backed securitization issuance declines, lenders are looking to long-term partners and funding diversification. Auto issuances dropped by double-digits in May and delinquencies rose year over year as market uncertainty caused two-week capital market pauses. Floorplan lender NextGear Capital primarily relies on its bank syndicate for funding through volatility, Justin Makinson, assistant […]

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Tags: ABSAFSEast25Avid AcceptanceNextGear CapitalPremiumSAFco
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