The Auto Finance Roadmap

Auto lenders are keeping an eye on funding, the rideshare revival and the challenge of navigating the return to offices amid rising COVID-19 cases.

Show Notes

Consumer Portfolio Services, for one, benefited from the low cost of funding on the asset-backed securities market, selling on June 30 $50 million in 7.86% notes backed by residual interests retained from auto securitizations dated January 2018 through September 2020. The new capital enhances CPS’ liquidity position as the lender also continues to grow its auto book.  

Rideshare, too, represented a positive note for the auto industry as active riders return to the market. Meanwhile, the pandemic continues to impact how auto lenders conduct business. 

What is The Auto Finance Roadmap?

Auto Finance News is pleased to present The Roadmap, the podcast on best practices and trending topics in automotive lending and leasing. If you are in auto finance, this is your podcast.

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