Agora Data, Inc. (“Agora”), a leading consumer fintech company specializing in advanced capital solutions and AI-driven loan performance analytics, has completed a $12 million transaction providing liquidity for Model Finance Company, a powersports finance company. This marks Agora’s first transaction in the powersports sector, opening doors for further expansion into this specialized consumer finance segment.
“We are fortunate to work with a trusted partner like Agora, providing us with a reliable and stable source of capital and technology to fuel our portfolio growth,” said John Cox, President, Model Finance Company. “This transaction allowed us to refinance from a national bank, securing greater flexibility and a higher potential for portfolio growth. Partnering with Agora for this refinancing and access to new capital gives us the liquidity needed to better serve our dealers and customers.”
“The transaction with Model Finance marks an exciting entry into the powersports finance market for Agora,” said Sharon Mancero, Managing Director and Head of the Financial Institutions Group at Agora. “As many traditional lenders retreat from this asset class due to its complexities, we see a significant opportunity to provide capital and technology solutions to finance companies supporting independent and franchise dealers serving the powersports market.”
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Based in Orange County, California, Model Finance has provided specialized financing solutions for over 55 years across a wide range of powersport vehicles, including motorcycles, dirt bikes, ATVs, and personal watercraft. Through this partnership, Agora will support Model Finance and its dealer network with the capital, technology, and financial tools needed to expand lending options for powersports buyers.
Agora enables consumer finance companies to access liquidity and optimize portfolio performance through structured finance and AI-driven risk analytics. By offering innovative capital and scalable data-driven solutions, Agora empowers independent finance companies, banks, credit unions, investment firms, and insurance providers to grow portfolios, enhance operational efficiencies, and drive profitability under innovative and flexible facilities.
Agora Data, Inc. is a leading consumer fintech company revolutionizing financing for the subprime and non-prime markets. Loan originators can secure capital, obtain actionable loan performance data to improve their portfolios, and use a wide range of solutions to grow their businesses safely. Powered by patent pending artificial intelligence (AI) and machine learning (ML) technology, loan originators can access real-time data analytics and planning resources to help optimize the performance of their portfolios. Agora Data, with deep roots in automotive, made history by closing the first-ever crowdsourced non-prime auto securitization in 2020 and continues to bring groundbreaking financing solutions to an underserved market.
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