Small changes will help with profits As a used car dealer in today’s environment, it can feel like the deck is stacked against you. How are you supposed to grow your business when rising costs, industry regulations, and customer challenges keep kicking you back to square one? This is a tough industry, no doubt. But […]
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Steve Burke, Agora Data’s CEO, joined Nick Zulovich of the Auto Remarketing Podcast at NADA’s 2023 Show held in Dallas. They discussed the state of finance in the auto industry, rising interest rates, and other trends Agora is monitoring to ensure the best portfolio performance in 2023. Listen to the full podcast below:
Agora Data’s Steve Burke Joins the Auto Remarketing Podcast at NADA 2023 Read More »
Chad Stilwell, Agora Data’s Chief Technology Officer, joined Lou Ramirez and Fred Lenartz of the Car Guy Coffee Podcast at NADA’s 2023 Show held in Dallas. They discussed how AI-based, data-driven solutions are being used to advance the automotive industry. Watch the full live-streamed podcast below. https://www.youtube.com/watch?v=3UbDpc-pbYw
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
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
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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
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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
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Auto Remarketing named Daniel Burke, CIO / CSO of Agora Data, to its 2022 “40 Under 40” list. The accolade recognizes current and next-generation leaders of the used-car business making big differences in the industry and at their respective companies. “I’m honored to be named to the Auto Remarketing “40 Under 40” list,” said Daniel
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Agora Data, Inc., the FinTech company transforming automotive financing by providing U.S. independent auto dealers and finance companies precision loan performance analytics and access to ample, affordable capital, closed a $100 million revolving credit facility with Credit Suisse Group AG. This latest transaction facility allows Agora Data to accelerate and expand its ability to deliver
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We are honored to be among Auto Remarketing’s AR500 2022’s “Most Influential Companies” for the second year in a row. View The full Auto Remarketing’s August2022 edition here.
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