Credit Acceptance - aVenture Asset Manager Research
Location
Southfield, MI, US
Founded
1972
Credit Acceptance specializes in providing financing programs and related services to independent and franchised automobile dealers across the United States. The firm advances funds to dealers in exchange for servicing rights on consumer auto loans, and also purchases consumer loans directly from dealers. Their investment focus is primarily in the automotive finance sector.
The company offers a range of value-add services to its partner dealers, including sales training and receivables management. Credit Acceptance's unique business model allows them to work with dealers to provide financing options for consumers across the credit spectrum, helping dealers increase their sales and profitability while managing risk.
Credit Acceptance - Classification
Also Known As
Credit Acceptance Corporation
NAICS
522200Nondepository Credit Intermediation
522290Other Nondepository Credit Intermediation
522299International, Secondary Market, and All Other Nondepository Credit Intermediation
520000Finance and Insurance
522000Credit Intermediation and Related Activities
SIC
6100Nondepository Credit Institutions
6140Personal Credit Institutions
6141Personal Credit Institutions
ISIC
6492Other credit granting
Show 10 more industry codes
NAICS
522130Credit Unions
522210Credit Card Issuing
522220Sales Financing
522291Consumer Lending
522100Depository Credit Intermediation
SIC
6060Credit Unions
6061Credit Unions, Federally Chartered
5000
Credit Acceptance
Operating Status: Operating
Southfield-based financial services company providing funding, receivables management, and sales training to auto dealers in the US.
