Lenders Have an ‘Increased Appetite to Invest’ in Tech, PwC Director Says
Many powersports financial providers are setting their sights on making technology upgrades, in the face of heightened competition, in order to...
GE Capital Veteran to Lead Wells Fargo Commercial Unit in Canada
Wells Fargo & Co. named GE Capital veteran Tim Nixon as leader of its Commercial Distribution Finance Canada division —...
Startup Aims to Grab Subprime Share
Startup subprime lender Ride Today Acceptance is attempting to fill the gap for subprime financing in the powersports industry. Beverly, Mass.-based Ride...
Carvana Is ‘Growing Responsibly,’ CEO Says
Used-car seller Carvana expanded its services into Richmond, Va., at the end of June. This marks Carvana’s first location in...
Startup Lenders to Drive Subprime Competition
Times might be changing for the powersports industry, as several new subprime lenders are poised to enter the market. Many...
Car Loans Inc. Ramps Up Mobility Efforts
Car Loans Inc. is implementing a “mobile-first” strategy to cut servicing costs and better the customer experience, according to the...
Lenders Should Prep for Regulation, EFG’s New Exec Says
It is “only a matter of time” before the Consumer Financial Protection Bureau turns toward the powersports industry, said Steve...
BlueFin Auto: Subprime Slowdown Is a ‘Good Opportunity’
The possibility of a downturn and “pullback” by other subprime lenders is “a good opportunity” for BlueFin Auto, according to...
