Agora Data

Agora Data Wins "Business Lending Innovation Award" in 2023 Fintech Breakthrough Awards

Agora Data Wins “Business Lending Innovation Award” in 2023 FinTech Breakthrough Awards

Press Release / By

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products and Companies LOS ANGELES, California, March 23, 2023 – FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market, today announced that Agora Data, Inc., the FinTech company transforming non-prime automotive financing, has been selected as …

Agora Data Wins “Business Lending Innovation Award” in 2023 FinTech Breakthrough Awards Read More »

Agora Data Attains SOC 2 Compliance Certification, Also Meets FTC Safeguards Rule for Protecting Customer Information

Press Release / By

Accreditation Offers Additional Certainty to Agora Data’s Information Security Practices ARLINGTON, TX, January 24, 2023 – Agora Data, Inc., received a compliance certification with the American Institute of Certified Public Accountants (AICPA’s) System and Organization Controls (SOC) 2. Agora Data’s SOC 2 Type II standard for information security was certified by an independent, trusted third …

Agora Data Attains SOC 2 Compliance Certification, Also Meets FTC Safeguards Rule for Protecting Customer Information Read More »

Oops, Forgot About CECL

Industry Advice / By

You remembered, right? There’s been all the hubbub over Current Expected Credit Losses, otherwise known as CECL. I’m sure you’ve heard of it, meant to do something, but things got busy, procrastination set in and for whatever reason you’re not ready. The time for procrastinating is over and, if you’re not ready, there’s some work …

Oops, Forgot About CECL Read More »

The (not so) Secret Sauce to Capturing Lifetime Customer Value

Industry Advice / By

According to Black Book, the lifetime value of a customer to an auto dealership exceeds $50,000. More than any other step in the sales process, vehicle delivery plays the key role in setting your dealership up to capture that value. Why delivery? Because it’s the one part of the sales experience customers remember most. Ask …

The (not so) Secret Sauce to Capturing Lifetime Customer Value Read More »

Time’s Up! CECL Changes are Here, Compliance is Mandatory

Industry Advice / By

Effective December 15, all financial institutions including BHPH dealerships, are required to adhere to the new CECL accounting changes. For those dealerships with aggressive plans for growth, these changes could prove burdensome. For all dealers, you’ll need to get your accounting ducks in a row to comply with the new changes. What is CECL? CECL …

Time’s Up! CECL Changes are Here, Compliance is Mandatory Read More »

Agora Data’s Steve Burke on New Technologies Providing Solutions to Successful Loans

Industry Advice / By

The post-pandemic narrative about non-prime borrowers and their impact on the independent auto dealer goes something like this: Federal stimulus monies during the pandemic artificially inflated disposable incomes and helped many consumers pay down debt and buy new and used cars. Supply chain snarls choked the availability of chips most vehicles depend on just as …

Agora Data’s Steve Burke on New Technologies Providing Solutions to Successful Loans Read More »

Agora Data’s Chris Barry Joins The Car Guy Coffee Podcast to Discuss the BHPH Industry

Podcast / By

Chris Barry joined Lou Ramirez and Fred Lenartz of the Car Guy Coffee Podcast at NIADA’s 2022 Buy Here Pay Here Super Forum in Austin to discuss the state of the BHPH industry, good loan underwriting, and current economic conditions affecting auto dealers. “You’re losing three or four grand a copy when you do a …

Agora Data’s Chris Barry Joins The Car Guy Coffee Podcast to Discuss the BHPH Industry Read More »

© 2023, Agora Data, Inc. All rights reserved.

Facebook-f Linkedin-in Youtube Twitter Instagram

Start Making More With AgoraCapital

Get access to unlimited, low-cost capital to use any way you want. See if AgoraCapital would benefit your business.

Get Capital

Leading-edge analytics gives you leading-edge power

Sign up for a free account and gain access to our state-of-the-art auto loan portfolio analytics tools.

Sign Up Today