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Electric vehicle financing startup Tenet is now leveraging its $25 million warehouse line with New York Green Bank to fund business loans to New York-based car-sharing businesses looking to expand their fleets. Businesses must be registered in New York and earn at least $1,200 in monthly revenue through vehicle sharing, according to Tenet. Qualifying businesses […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
