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CarFinance Capital is new to the auto finance world, but the people behind the nonprime/subprime finance source are not. The editor gets the skinny.
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Four former Triad Financial executives have partnered with a Perella Weinberg Partners affiliate to form CarFinance Capital LLC, a direct and indirect automobile finance company catering to the nonprime market.
Read More →VINtek, a provider of auto finance services and solutions for lenders, announced an agreement to manage vehicle titles for Santander Consumer USA (SC USA) Inc., resulting from SC USA’s acquisition of the indirect auto loan portfolio of Texas-based Triad Financial.
Read More →Triad Financial and Windsor Group have formed a partnership to help grow Triad’s third-party servicing business, which supports finance companies, banks, investors and auto dealers.
Read More →VeriFacts Inc., a provider of skip trace solutions, and Triad Financial, a third-party servicer focusing on nonprime consumer vehicle loans, have partnered to offer a one-stop shop of services to auto lenders, collection agencies and investors.
Read More →Triad Financial appointed Stephen Smith to oversee the company’s third-party servicing efforts. In his role as director of portfolio servicing, Smith will manage Triad’s business development initiatives, client relations and the daily operations of servicing clients’ consumer vehicle loans.
Read More →Is it me or is just about everyone looking for that one kink in the armor of our business? Yes, blame the subprime-mortgage market all you want, but the reality is that it’s going to be guilt by association from here on out. What’s important now is that we don’t prove those “Chicken Littles” right.
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