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Wells Fargo Commercial Distribution Finance’s new agreement with powersports lender Aqua Finance allows dealers who work with both lenders to streamline floorplan payments and tap retail tools such as prequalification. Under the program, announced Aug. 18, dealers offering consumer financing through Aqua and finance their inventory with Wells Fargo can access a digital portal that […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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...
David Thompson
David Thompson
David Thompson
