Tag: Dealer News

Subprime auto lender Tricolor Holdings reached agreements with several landlords and an equipment financier in a preliminary hearing today. The ...

Floorplan financing has slowed in recent months following an uptick earlier this year amid higher inventories prior to impending tariffs ...

Kroll Bond Rating Agency is eyeing a potential uptick in losses across subprime auto lender First Help Financial’s securitization transactions ...

Tricolor Holdings trustee Anne Burns can use up to $275,000 of the company’s cash to keep up insurance on Tricolor’s ...

As the market calls for more transparency, auto lenders should assist potential investors in understanding their business model to avoid ...

Powersports lenders and dealers are tapping the used-vehicle market for growth as dealers grapple with falling new-vehicle sales across most ...

Floorplan financiers are facing an increase in fraudulent activity alongside an uptick in risky behavior and poor performance by dealerships.  ...

Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...