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Origence and Tesla Partner to Offer $1 Billion in Credit Union Financing for EV Buyers
Apr 02, 2025•about 1 year ago
Contract Type
partnership
IrvineFinancial ServicesDescription
Origence, a leading credit union lending technology company, in partnership with Tesla, funded $1 billion in Tesla purchases in its first year of operations. This partnership offers credit union financing options to national retailers, providing affordable solutions with embedded financing and enabling easy access to competitive rates and flexible terms for buyers.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months