Vroom financing partners to remain intact following UACC acquisition

The transaction establishes UACC as Vroom’s captive financier

Photographer: Gabby Jones/Bloomberg

Vroom’s third-party financing partnerships will remain in place following its acquisition of subprime lender United Auto Credit Corporation, which will establish an integrated captive finance arm as the retailer looks to expand its full-spectrum options and improve loan decisioning. Vroom has existing third-party financing partnerships with Ally Financial, Capital One Auto Finance, Santander Consumer USA, […]

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