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HorsePower Financial Services has extended its credit facility with Pier Asset Management as it looks to broaden access to powersports leasing. The Tampa, Fla.-based powersports lender has grown in recent years by focusing on consumers who may not qualify for traditional financing and offering leasing as an alternative, Leanne Richards, vice president of client development, told Auto Finance News. “If you’re […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
