The Industry's Leading Source For F&I, Sales And Technology

Top News

TAG SEARCH RESULT: special finance

1  -  25  of  34

July 5, 2017 - Industry News

Greg Goebel to Address Industry Summit and PALS

Special finance guru Greg Goebel will deliver the evening keynote address to a combined audience of Industry Summit and P&A Leadership Summit attendees.

Tags: DealerStrong, Greg Goebel, Industry Summit, special finance, Special Finance Conference

June 6, 2017 - Industry News

CUDL: Subprime Pullback Opens Door for Credit Unions

With banks retreating from all risk tiers, an executive with CU Direct Lending said the auto finance market is primed for credit unions to pick up more share. In the first quarter, credit unions grew their share of the market by 4%.

Tags: auto finance, credit unions, CU Direct, special finance, subprime, used-vehicle financing

May 24, 2017 - Industry News

PassTime Names New CEO, President

PassTime cofounder Jeffrey Frank was named chairman and CEO, while 19-year company veteran Chris Macheca was named president. The latter will retain his title of COO.

Tags: GPS devices, payment assurance systems, special finance, subprime

May 18, 2017 - Industry News

Former Chase Custom Exec Joins Westlake

The once head of Chase Custom Finance is back. Today, Westlake Financial Services announced it has contracted Bill Jensen to focus on developing its strategic accounts division.

Tags: auto finance, Bill Jensen, Chase Custom, special finance, subprime, Westlake Financial Services

May 18, 2017 - Industry News

700Credit, FactorTrust Partner to Help Dealers With Underbanked Car Buyers

FactorTrust provides credit data that incorporates verifiable payment histories from transactions such as short-term loans, credit and prepaid card, wireless services and collection agencies. Through 700Credit, dealers will gain access to this information to serve customers with thin credit files or who are underbanked

Tags: 700Credit, auto finance, buy-here, FactorTrust, pay-here, special finance

March 29, 2017 - Industry News

MUSA Auto Finance Secures Funding Capacity of $175 Million

The special finance company, which counts the cofounder and former COO of Exeter Finance in its executive ranks, will use the funding to launch a new and pre-owned auto leasing program this year.

Tags: auto finance, leasing, MUSA, special finance, Used Leasing

February 15, 2017 - Industry News

Bankruptcies Register First Consecutive Monthly YOY Increases Since 2010

While bankruptcies plunged last year to their lowest levels since the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2015, filings are beginning to climb, according to the American Bankruptcy Institute.

Tags: American Bankruptcy Institute, bankruptcies, buy-here, pay-here, special finance

March 2, 2016 - Industry News

Tom Hudson Joins Dealer Summit Roster

Prominent consumer finance attorney Thomas B. Hudson will be at Dealer Summit this May to discuss how regulators have changed the business model for special finance and buy-here, pay-here operations.

Tags: auto finance, buy-here, CFPB, FTC, pay-here, special finance, Subprime Financing, Tom Hudson

March 2, 2016 - Industry News

ProMax’s Palmer to Share Loan-Approval Tips at Dealer Summit

John Palmer, CEO of ProMax Unlimited, will present “Secrets to Getting More Lender Approvals” at Dealer Summit, organizers announced on Wednesday.

Tags: auto financing, John Palmer, ProMax Online, ProMax Unlimited, special finance, subprime

January 26, 2016 - Industry News

Goebel to Pull Triple Duty at Dealer Summit

Organizers of Dealer Summit have announced that Greg Goebel will lead three of the eight sessions dedicated to special finance at Dealer Summit, which will be held May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.

Tags: Dealer Summit, DealerStrong, F&I Think Tank, Greg Goebel, special finance

January 8, 2016 - Industry News

Registration Open for Dealer Summit 2016

Organizers of Dealer Summit announced that registration is now open for the event, which is scheduled for May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.

Tags: compliance, Dealer Summit, DealerStrong, digital marketing, Greg Goebel, Jim Ziegler, lead conversion, reinsurance, sales, special finance

October 1, 2015 - Industry News

Westlake Expanding Dallas Servicing Team

This week, Westlake Financial Service began its recruitment process as part of its plans to expand the servicing team in its Dallas production center, which opened its doors this past January.

Tags: auto finance, special finance, Subprime Financing, Westlake Financial Services

April 28, 2014 - Industry News

Industry Summit Doubles Down on SF

Industry Summit 2014 will feature multiple education sessions dedicated to special finance and used-car retailing. Serving as master of ceremonies for those two tracks will be special finance guru Greg Goebel.

Tags: Greg Goebel, Industry Summit 2014, special finance, Used Car Retailing

March 29, 2012 - Industry News

Notable Growth for Subprime Originations, Equifax Reports

Subprime borrowers now make up more than 46 percent of the auto finance segment, Equifax noted in a new report that showed subprime origination growth across all lending sectors.

Tags: Auto Lending, Equifax, special finance, subprime, Subprime Analytics

February 21, 2012 - Industry News

LEAP Financial, 722 Redemption Funding Announce Partnership

LEAP Financial and 722 Redemption Funding announced a partnership to offer redemption and replacement financing for customers filing for Chapter 7 bankruptcy.

Tags: 722 Redemption Funding, bankruptcies, Finance, LEAP Financial, special finance

November 22, 2011 - Industry News

Subprime Buyers Drive Up Used-Car Values

A 39 percent increase in subprime buyers in October drove used-car values up 18 percent compared to the same month a year ago, reported CNW Research.

Tags: bhph dealers, special finance, subprime, used vehicles

November 3, 2011 - Industry News

Auto Finance Companies Originating More Loans Than Banks, Credit Unions, Equifax Reports

Auto finance companies have increased lending by more than 47 percent over the past two years, according to the latest Equifax National Credit Trends Report.

Tags: Auto Loans, Consumer Credit, Credit, Delinquencies, Equifax, Finance, Indirect Lending, special finance, subprime

October 18, 2011 - Industry News

Southside Launches National Subprime Loan Portfolio Program

Southside Financial Group announced the launch of a nationwide program to purchase existing nearprime and subprime auto loan portfolios ranging from $500,000 to $40 million.

Tags: loan portfolios, near prime financing, special finance, subprime

July 25, 2011 - Industry News

John Palmer to Speak at 2011 Special Finance Conference

John Palmer, president and CEO of ProMax Unlimited, will present two seminars at the the upcoming 2011 Special Finance Conference, scheduled for September 26-28 at the Las Vegas Hilton.

Tags: compliance, Industry Summit 2011, lead generation, ProMax Online, special finance

June 28, 2011 - Industry News

Flagship Credit Acceptance Rolls Out National Subprime Loan Portfolio Program

Flagship Credit Acceptance’s Portfolio Acquisition Program will purchase existing portfolios of nonprime and subprime loans from auto dealers and finance companies across the United States.

Tags: Finance, Flagship Credit Acceptance, loan portfolios, nonprime, special finance, subprime

June 28, 2011 - Industry News

CarFinance Capital Launches in Texas

CarFinance Capital LLC launched its nonprime auto financing system in Texas following a similar program rollout in California in May.

Tags: CarFinance Capital, FICO, Finance, nonprime, special finance

April 14, 2011 - Industry News

F&I Conference, Special Finance Conference to Join Forces for Industry Summit 2011

The publishers of F&I and Showroom and Special Finance Insider have announced that SFI’s Special Finance Conference, traditionally held each August in Dallas, will join the eighth annual F&I Conference and Expo at Industry Summit 2011 this September in Las Vegas.

Tags: F&I Conference & Expo, Industry Summit 2011, special finance

November 2, 2010 - Industry News

Western Funding Deal Was Years in the Making

The October acquisition of Western Funding Inc. by former Harbor Structured Finance executives Frederick and Katherine Cooper and Philip D. Nick came as a surprise to many dealers, some of whom first partnered with the 48-year-old finance company decades ago. New details provided by the acquiring parties, however, show that a deal had been in the works for some time.

Tags: special finance

November 2, 2010 - Industry News

Finance Express Adds BHPH Portfolio Buyer

Finance Express, a provider of dealer management system and Web technology for independent dealers, has partnered with Denver-based Access Capital Investment Group (ACIG) to offer dealers a built-in opportunity to liquidate their buy-here, pay-here portfolios.

Tags: bhph, dealer financing, Independent Dealerships, special finance

October 18, 2010 - Industry News

Special Finance Coach Launches 'Pre-Tax Time' Webinar Series

Special Finance Coach Rob Hagen will offer a free “Pre-Tax Time” Webinar series starting Thursday to help special finance and buy-here, pay-here operations prepare for tax season.

Tags: buy-here, pay-here , special finance

« Previous12Next »