Santander's liquidity to prop up lender through pandemic | Auto Finance News | Auto Finance News

Santander’s liquidity to prop up lender through pandemic

Photo by Mike Mozart via Creative Commons

Santander Consumer USA’s total funding and liquidity is likely to sustain the subprime lender through the COVID-19 economic crisis. SCUSA has $51.4 billion in total funding and liquidity from four primary sources, including private financing, warehouse lines of credit, the asset-backed securitization market, and support from its parent company, Santander Holdings USA. Santander provides SCUSA […]

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