ARLINGTON, Texas, August 18, 2021 – Agora Data’s SVP of Sales, Chris Barry, will present “Groundbreaking Changes in Auto Financing” at the National Independent Auto Dealers Association (NIADA) Convention and Expo being held August 23-26 in San Antonio, Texas. Barry will present on August 25 at 2:15 p.m.
A revolution is happening in the auto finance industry. New funding options are giving car dealers and small to mid-size finance companies the same financial advantages large dealerships and finance companies have always enjoyed. Chris Barry is uniquely qualified to highlight and detail the advantages these industry-changing financial solutions offer and what they mean for the underserved and underbanked auto industry.
“Timing is perfect for dealers to take advantage of financial solutions that create access to endless capital to help increase inventory,” said Agora Data’s Chris Barry. “Agora’s innovative approach represents a monumental shift that enables dealers by providing the cash needed to buy more inventory and exponentially expand their businesses. By Agora’s delivering lower interest rates to the dealers, dealers can offer their customers more affordable loans.”
In addition to funding advantages from Agora, any size of dealer immediately benefits from Agora’s platform by connecting their portfolio to obtain customized analytics and analysis of their portfolios – free of charge. In addition, members can explore a multitude of capital-rich options based on growth goals such as selling loans, borrowing, or refinancing at low-interest rates.
Recognizing the challenges that have traditionally hobbled car dealers and small-to-mid-size finance companies, Agora Data is on a mission to empower the industry. Agora Data will be in booth #422 at the 2021 NIADA Convention. Representatives will be ready to discuss all the tools, analysis, and new developments in auto financing that Agora Data brings and how Agora can generate increased successes for dealers, finance companies, and their customers.
About Agora Data, Inc: Agora Data is a platform built to deliver a suite of tools to empower car dealers and finance companies to maximize their success. Agora is disrupting and influencing the industry by connecting its dealer and finance company members to Wall Street and other capital resources that were previously only available to large dealer groups. Agora Data’s family of auto finance products provide a wide range of critical funding paths so originators can obtain the cash they need to fuel growth. Powered by Agora’s proprietary, radical, AI-infused technology platform, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolio. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021.