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Powersports lender ThunderRoad Financial’s Chief Executive Don Hummer says the lender is on track to “double” its origination volume by yearend as the company looks to expand, leaning on cloud-based technology to speed funding for dealers. Despite inventory shortages, consumer demand remains strong and financing volume has held steady, Hummer said. The Reno, Nev.-based lender […]
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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
