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Axis portfolio reaches record high

Originations decreased 2.7% YoY in Q2 FY23

Riley Wolfbauer

Canadian subprime lender Axis Auto Finance’s portfolio reached a record in the second quarter of fiscal year 2023 despite a drop in originations due to seasonality in the Canadian market. Toronto-based Axis’ owned and managed portfolio totaled a record $252.2 million as of Dec. 31, 2022, an increase of 3.2% sequentially and 28% year over […]

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