Capital & Funding
Santander Consumer USA agrees to Banco Santander $2.5B acquisition deal
Santander Consumer USA has agreed to Santander Holdings’ proposal to acquire all outstanding shares the parent company did not already...
Auto ABS: Anchoring the industry
Despite the COVID-19 pandemic sending waves through the auto finance industry during the past year, the asset-backed securities market continued...
Rifco National Auto Finance officers eye acquisition of the company
Members of the executive leadership team at Canadian subprime auto lender Rifco National Auto Finance are seeking to take the...
Banks are already bracing for a September leveraged buyout boom
Banks are increasingly selling off short-term loans they made to fund leveraged buyouts, a sign that they’re freeing up capacity...
Former Yamaha Finance exec jumps to commercial vehicle finance
Yamaha Financial Services’ former Chief Risk and Chief Strategy Officer Vijay Patil departed the lender in July to helm a...
Octane Lending secures $52M series D funding
Powersports fintech Octane Lending raised $52 million in series D funding this week, pushing the company’s total equity funding past...
Tricolor Auto issues $234M ABS deal, receives first AAA rating
Tricolor Auto’s latest asset-backed securities deal, a $234 million transaction backed by subprime auto receivables, is the lender’s first to...
SAFCO secures $204.5M funding facility with Capital One, eyes ABS market
Subprime lender Southern Auto Finance Co. secured $204.5 million in warehouse funding last week from Capital One and One William...
