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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 Services

Description

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.

Company Information

Company

Origence

Location

Irvine, California, United States

About

The company offers a wide range of flexible and competitive financing options, and provides consultation on how to win market-share.

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Strategic

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Agreement Insights

Based on industry data
Strategic 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

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