Credit Acceptance Corporation completed a $200.0 million asset-backed non-recourse secured financing.
Amount Raised
$200 Million
Round Type
Funding Round
Description
Credit Acceptance Corporation announced the completion of a $200.0 million asset-backed non-recourse secured financing. The financing is structured so as not to affect contractual relationships with dealers and to preserve the dealers’ rights to future payments of dealer holdback.
Quick answer
Credit Acceptance Corporation raised $200 Million in a Funding Round round, dated February 29, 2024. Credit Acceptance Corporation is based in Southfield, Michigan, United States.
- How much did Credit Acceptance Corporation raise?
- Credit Acceptance Corporation raised $200 Million in a Funding Round round on February 29, 2024.
- What does Credit Acceptance Corporation do?
- Credit Acceptance Corp. (CACC) is a publicly traded finance company that provides automobile loans.
- Where is Credit Acceptance Corporation based and how big is it?
- Credit Acceptance Corporation is based in Southfield, Michigan, United States. Fundz records about 2,500 employees.
- Who are the decision-makers at Credit Acceptance Corporation?
- Fundz holds 1 contact at Credit Acceptance Corporation, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Credit Acceptance Corporation that raised within 45 days of this round, from Fundz verified event records.
- AVIOM Housing Finance Corporation raised $10M (Series D) on April 12, 2024.
- Mayan raised $3M (Seed) on April 11, 2024.
- Zinclusive raised $10M (Funding Round) on April 8, 2024.
- Ellipsis Labs raised $20M (Series A) on April 7, 2024.
- Ummeed Housing Finance Pvt. Ltd raised $70M (Funding Round) on April 5, 2024.
- Electronica Finance Limited raised $48M on April 4, 2024.
Who to call at Credit Acceptance Corporation, and when
A new round usually means Credit Acceptance Corporation is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Credit Acceptance Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Credit Acceptance Corporation, from your own LinkedIn network
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Related People
Credit Acceptance Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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