ARLINGTON, Texas, August 3, 2021 – Agora Data CTO Chad Stilwell will be presenting “Leading-Edge Changes in Auto Financing” at the Carolinas Independent Auto Dealers Association (CIADA) conference. Stilwell will highlight recent changes in auto financing and demonstrate how data analytics and advance technology can be used to improve portfolio performance. The CIADA conference is scheduled for August 5-8, 2021, at the Hilton Myrtle Beach Resort in Myrtle Beach, South Carolina.
“Applying data and predictability to loan performance is ground-breaking for the subprime auto industry,” said Chad Stilwell, Chief Technology Officer of Agora Data. “In addition to the sophisticated analytics Agora uses to build our financing programs, we also make available to our members at no charge the ability to power up their portfolios using our technology platform. This allows our members to help evaluate real-time loan performance, identify opportunities to reduce risk, and make better decisions to build their businesses.”
Agora Data is revolutionizing subprime auto financing by utilizing billions of dollars of historical loan data to predict loan performance with over 10,000 probabilities applied to each loan daily. With these robust data analytics, driven by artificial intelligence and machine learning, car dealers and small to mid-sized finance companies have access to a wider range of capital options to help fuel growth. Applying data-driven solutions and certainty to an underserved and underbanked industry is enabling auto dealers to gain access to Wall Street capital and help level the playing field with the large dealer groups.
Attendees won’t want to miss “Leading-Edge Changes in Auto Financing.” It is the CIADA presentation that is changing the future for dealers and small to mid-sized financing companies. Visit Agora Data at booth #15 for a more personal discussion about increasing access to capital.