Press Release (ePRNews.com) - ARLINGTON, Texas - Nov 13, 2020 - Agora Data, Inc., a finance solution provider of predictive loan technology, announced today the company’s conducting two workshops at the Used Car Week Digital Event – Auto Fin Con. Auto finance industry experts Steve Burke and Chris Barry are featured in these two virtual workshops available to attendees via the Used Car Week Workshop Library starting Monday, Nov. 16.
The first workshop, Making History with Crowdsourced Securitizations, introduces Buy Here Pay Here auto dealers and sub-prime auto finance lenders to alternative financing options that are now available to accelerate business growth. “Even in today’s unpredictable environment, BHPH dealers and auto lenders have the resources and tools to put predictive loan technology to work for their portfolios by identifying, managing and reducing risk,” said Steve Burke, CEO, Agora Data, Inc. “In this workshop, I outline strategies that will enable them to grow their business, lower their cost of funds, and enjoy premium advances, all without providing personal guarantees.”
The second workshop, Subprime Auto Lenders vs. BHPH – The Models Compared is presented in a game show format that compares the differences between subprime auto finance lenders and Buy Here Pay Here finance models. “In this lively format, we explore the differences and similarities between BHPH dealers and auto finance lenders, identifying how they each manage and build their portfolios,” said Chris Barry, SVP Sales Agora Data, Inc. “We showcase the differences by comparing acquisition costs, credit underwriting models, collection models, and profitability.”
About Used Car Week: To help finance companies gather the best paper available for their portfolios, experts and industry leaders will be filling Auto Fin Con with discussions about the latest trends and tools to improve metrics with each passing vintage. Strategy involving fintech, investments and more will be shared to help finance company departments from marketing to underwriting. https://usedcarweek.biz/workshops
About Agora Data, Inc: Agora is re-inventing auto finance for BHPH dealers and finance companies. Founded in 2017 by a best in class team of professionals with experience from top financial and technology organizations, the company has successfully combined billions in historical loan performance data with experiences from top executives in auto finance to develop its AI-Infused predictive loan technology and modeling. Agora’s development of an easy to use platform with actionable dashboards provides direct access to the untapped BHPH auto market connecting dealers, sub-prime buyers, and capital market lenders with results-driven opportunities for growth and access to capital. www.agoradata.com. For more information, please contact Agora at (877) 592-4672 or firstname.lastname@example.org
Agora Data, Inc.