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Creating a captive: How lenders stand up financing arms

EV manufacturers open more private label opportunity

Riley Wolfbauer

Standing up captive financing has become a necessity for many auto manufacturers as a channel to sell more vehicles and gain market share by providing consumers with special finance offers — and this has led to the growth of private-label financing and lender acquisitions to launch financing.    How do lenders and manufacturers build captives?  Traditional […]

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