How double-pledging of assets to warehouse lines – an allegation levied at Tricolor – could happen
The Department of Justice is investigating Irving, Texas-based subprime auto lender and buy here, pay here retailer Tricolor for allegations ...
Tag: warehouse facility
Off the lot: Asset-backed lending pullback prompts funding concerns
The exit or pullback of companies in the asset-backed lending market raises the question of where finance companies will secure ...
Western Funding secures $450M warehouse facility
Las Vegas-based subprime lender Western Funding secured its first independent warehouse facility on Nov. 13 as the company looks to ...
HyreCar closes $100M revolving warehouse line
Car-sharing service HyreCar has closed a $100 million revolving asset-backed warehouse facility with Credit Suisse in the first step of ...
HyreCar ‘very close’ to closing asset-backed warehouse facility
HyreCar is “very close” to closing the asset-backed warehouse line of credit first announced at the end of Q1 that ...
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 ...
CPS poised to survive pandemic
Consumer Portfolio Services, one of the few subprime auto financiers to have survived the 2008 credit crisis, will likely be ...
Arivo Acceptance secures warehouse facility with JPMorgan Chase
Subprime lender Arivo Acceptance has secured an expandable $200 million warehouse line of credit with JPMorgan Chase, Steve Pachella, chief ...
