Carputty, a fintech company out to modernize both auto financing and vehicle ownership, announced the closing of a $12.3 million Series A funding round. This raise, co-led by Fontinalis Partners and ...
Explore how special financing helps car buyers with bad credit obtain loans, its advantages and drawbacks, and how to ensure ...
Solera Auto Finance has laid off dealership sales representatives and stalled funding loans purchased from dealerships, two former employees told Automotive News, after the company experienced ...
Credit automation is old hat in auto finance. Organizations have long used tools to automate credit processing and spare themselves thousands of personnel hours annually that would otherwise be ...
Solera's "captive-like" indirect lending program Solera Auto Finance has spread quickly, growing from fewer than five dealerships in April to nearly 2,300 by the end of July. "There's been a really ...
The auto industry has had its ups and downs over the years, to say the least. Post-pandemic, it’s gone through another renaissance. This means an uptick in potential car buyers for 2025. With interest ...
Know the pros and cons of choosing captive auto loan financing. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on ...
Toyota Financial Services leads auto lenders in total outstandings. Big Wheels expands service with new dashboards on credit performance and credit union data. We’ve made significant strides in ...
Compare auto lenders that work with low credit scores, and explore strategies to improve approval odds and reduce rates Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff ...
A leading online platform for digital auto sales and financing has scored a major cash infusion from investors and broadened its relationship with one of the world’s top auto finance companies as more ...
Auto finance is a major profit center for U.S. auto dealerships. Dealers say they make much more on products like service contracts, and not so much on their share of the customer's interest rate.