Exeter has extended its borrowing base from $600 million to $1.075 billion. The expansion of its credit facility frees up funds as the company continues to extend its national footprint.
To accommodate its growing number of employees, Exeter Finance opened a new servicing center in Irving, Texas.
Exeter Finance Corp. announced last week the completion of its first rated term securitization, issuing $200 million in notes backed by subprime automobile installment receivables.
The Blackstone Group has acquired Exeter Finance Corp. from Navigation Capital Partners. The specialty auto finance company also secured a new line of credit that will help grow its loan portfolio and expand its branch network.
Chris ‘Captain Credit’ Cochran struck gold for Haddad Dealerships with a social media promotion that grew into a standalone special finance department.
Exeter Finance Corp., a specialty auto finance company, has entered into a $150 million warehouse line of credit with Wells Fargo Bank N.A.
Open Dealer Exchange LLC has partnered with Irving, Texas-based Exeter Finance Corp., a specialty auto finance company, allowing credit application integration directly within the dealership management system (DMS).
RouteOne LLC has completed integration with Texas-based Exeter Finance Corp., a specialty auto finance company that provides financing services to select franchised auto dealers.
Exeter Finance Corp., a specialty auto finance company, has named Mark Floyd, a former AmeriCredit executive, as its CEO and vice chairman of the board.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In