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Credit Acceptance Increases Revolving Secured Warehouse Facility

May 26, 2015, 07:14 AM
Filed Under: Consumer Finance

Credit Acceptance Corporation announced it has ncreased the amount of one of its revolving secured warehouse facilities from $325.0 million to $400.0 million. There were no other material changes to the terms of the facility.

As of May 19, 2015, Credit Acceptance did not have a balance outstanding under the facility.

Since 1972, Credit Acceptance has offered automobile dealers financing programs that enable them to sell vehicles to consumers, regardless of their credit history.







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