Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
AI-based lending marketplace Upstart’s cash is safe following Silicon Valley Bank’s collapse late last week despite a previous exclusivity agreement with the bank. As part of a $5.5 million revolving credit agreement with SVB, Upstart was required to maintain “operating and other deposit accounts, the Cash Collateral Account and securities/investment accounts” with the bank, according to […]
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
