A new customer walks into your dealership. They’re ready to buy, and one of your cars is the perfect fit. You can look at this deal’s profit in one of two ways: 1) As a “one and done” gross profit today that you must repeat tomorrow, or 2) as a “first payment” on the lifetime value of …
Agora Data’s Steve Burke on Creating Customer Lifetime Value Read More »
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 …
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