Cost of funds rise for HCA as access to capital shrinks | Auto Finance News | Auto Finance News

Cost of funds rise for HCA as access to capital shrinks

Hyundai 2017 Santa Fe

Hyundai Capital America’s lack of diverse funding sources could limit the captive’s financial flexibility as the cost for debt funding rises and the economy continues to deteriorate as a result of COVID-19. In fact, the captive’s “significant reliance” on commercial paper and a revolving line of credit could squeeze the lender’s access to funds, Moody’s […]

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