Amount Raised
$250 Million
Round Type
Funding Round
SouthfieldDescription
Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $250.1 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we contributed loans having a value of approximately $312.6 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
Who to call at CREDIT ACCEPTANCE ORATION, and when
A new round usually means CREDIT ACCEPTANCE ORATION is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CREDIT ACCEPTANCE ORATION 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 ORATION, from your own LinkedIn network
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Fundz sees it the moment CREDIT ACCEPTANCE ORATION raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
CREDIT ACCEPTANCE ORATION 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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