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.
Remember 2020? Inflation was low, lockdowns were the norm, and the U.S. government handed out stimulus money like candy. The COVID-19 pandemic was a true black swan event that changed the rules of the auto industry – temporarily, that is. You can only put off the inevitable for so long. Take a look at the …
Agora Data’s Matt Burke Explains How to Thrive During an Economic Storm Read More »
In the December issue of BHPH Dealer, I spent a lot of time going over the need for a forecast (budget) in a BHPH operation. A forecast is a financial road map for success in the business, giving you benchmarks or key performance indicators to judge your performance going forward. The next step is to …
Agora Data’s Jim Bass on the “Importance of Positive Cash Flow” Read More »
Article reprinted from Thrive Global Original publication date: January 24, 2021. Author: Jason Hartman, Author | Speaker | Financial Guru | Podcast Rockstar As a part of our series about business leaders who are shaking things up in their industry, I had the pleasure of interviewing Steve Burke. “Being a disruptor can be remarkable. But you have …
Steve Burke – Being a Disruptor can be Remarkable Read More »
By Kevin Cummings – NTX Inno Staff Writer Agora Data says it is “making history” with its “radical” AI. The Arlington-based SaaS company, which focuses on the auto finance industry, capped off 2020 with what it says is the first-ever crowdsourced auto securitization. And this year, it announced the launch of a new tool that provides underbanked …
Agora Data Using A.I. to Bring Auto Loans to Capital Markets Read More »
Article reprinted from Refinitiv Original publication date: February 2, 2021 Author: Richard Leong Fintech firm Agora Data is preparing to debut a sub-prime auto ABS in the 144a market later this year after it closed a privately placed securitization in December. The privately-held company, which was founded in 2017, matches “buy here, pay here” auto …
Article reprinted from Authority MagazineOriginal publication date: January 24, 2021. Author: Jason Hartman As a part of our series about business leaders who are shaking things up in their industry, I had the pleasure of interviewing Steve Burke. “Being a disruptor can be remarkable. But you have to be willing and able to evolve. Two perfect …
The Three Things You Need to Shake Up Your Industry Read More »
(ARLINGTON, Texas, January 06, 2021) Agora Data, Inc. announced the successful closing on December 29, 2020, of the first-ever crowdsourced auto securitization. This revolutionary development to the world of structured finance represents a quantum leap for Buy Here Pay Here dealers and smaller finance companies and their access to capital markets funding. Through its use …
Agora Data Closes Breakthrough Crowdsourced Auto Securitization Read More »
Your biggest asset is your BHPH portfolio, and running a finance company is a complicated endeavor. I know it is challenging, because I have managed sub-prime auto finance companies. One thing for sure, there is no training manual for doing this successfully, so I thought I would share a comparison of the BHPH finance company …
Discussing collection strategies with our BHPH members on Agora something I really enjoy, because there are unchanging realities that affect all of us: Customers will drive 25,000 miles or more a year, because it is the primary, functioning car in the household (or neighborhood). Oil changes and maintenance never cross the customers’ minds. Loan default …