Avoiding compliance “captivity” as a new captive finance company
Captive automotive finance companies have been a staple of the market in the United States for decades. Traditionally affiliated with ...
Tag: direct lending
Nicholas Financial walks back expansion plans
Nicholas Financial is walking back expansion plans as it struggles to regain profitability. The 38-year-old lender has become a shadow ...
Arivo Acceptance breaks into direct refinance
Subprime lender Arivo Acceptance has launched direct refinancing to expand its offering to more subprime and nonprime borrowers. West Valley ...
Flagship Credit to launch direct-to-consumer lending
Flagship Credit Acceptance is expanding into direct-to-consumer lending through an equity investment in automotive e-commerce technology provider Blinker. The ...
Langley FCU to launch indirect auto lending subsidiary
Langley Federal Credit Union plans to launch its indirect auto lending subsidiary, Langley Lending Services, in a few weeks — on ...
Bank of America logs increased auto, EV originations
Bank of America’s vehicle lending portfolio grew in the first quarter as the bank streamlines financing, builds on relationships with ...
Nicholas Financial direct originations jump 84% YoY in fiscal Q3
Nicholas Financial continues to see an upward trajectory in origination volume as the lender expands its physical footprint and human ...
Nicholas Financial eyes growth in fiscal Q2
Nicholas Financial has set its sights on growth after increasing both direct and indirect originations in the second quarter of ...
