Tag : Vroom

Vroom Announces Pricing of UACC Auto Loan Securitization
Finance News

Vroom Announces Pricing of UACC Auto Loan Securitization

Fintech News Desk
by Fintech News Desk0
Vroom an innovative ecommerce platform that offers a better way to buy and sell used vehicles, announced that United Auto Credit Corporation (UACC), an indirect wholly-owned subsidiary of the company, priced an auto loan securitization of $255.080 million in aggregate principal amount of automobile receivable backed notes (the “Notes”) on......
Vroom Announces Amendment of Floorplan Commitment from Ally Financial
E-commerce News

Vroom Announces Amendment of Floorplan Commitment from Ally Financial

Fintech News Desk
by Fintech News Desk0
Vroom, Inc., a leading ecommerce platform for buying and selling used vehicles, announced an amendment to its inventory financing agreement with Ally Financial Inc., a leading digital financial services company, to increase the line of credit to $700 million, up from $450 million previously. Ally’s extension of additional financing supports......
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