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Automotive Credit Corporation

Automotive Credit Corporation
1992 FOUNDED
PRIVATE STATUS
101-200 EMPLOYEES
Angel LATEST DEAL TYPE
$5.63M LATEST DEAL AMOUNT
Description

Provider of automotive financial services designed for consumers with limited history. The company purchases installment contracts from both independent and franchised automobile dealers of the customers who are unable to obtain financing from traditional sources, enabling individuals to get vehicle financing with ease.

Ownership Status
Privately Held (backing)
Financing Status
Angel-Backed
Primary Industry
Consumer Finance
Primary Office
  • 26261 Evergreen Road
  • Suite 300
  • Southfield, MI 48076
  • United States

+1 (800) 000-0000
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Automotive Credit Corporation Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Angel (individual) 03-Feb-2017 $5.63M 000.00 Completed Generating Revenue
3. Convertible Debt 03-Jul-2014 00000 000.00 Completed Generating Revenue
2. Debt - General 28-Sep-2009 $50M $50.5M Completed Generating Revenue
1. Convertible Debt 02-Jan-2009 $480K $480K Completed Generating Revenue
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Automotive Credit Corporation Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lendmark Financial Services Private Equity-Backed Lawrenceville, GA 000 000000000000
0000000 000000000 Private Equity-Backed Beaverton, OR 0000 0000 000000000000 0000
00000 000000000 00 Private Equity-Backed Atlanta, GA 000 000.00 000000000000 000.00
00000000 000000000 Corporation Irvine, CA 0000 00000 00000000. 00 00000
000000 0000 000000 Private Equity-Backed Fort Worth, TX 000 000.00 000000000000 000.00
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Automotive Credit Corporation Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000 0000000 000000 21-Sep-2017 000000000000000000 Automotive 00000 0000000
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Automotive Credit Corporation Subsidiaries (1)

Company Name Industry Location Founded
000 0000000 000000 Automotive Northridge, CA 0000
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Automotive Credit Corporation Executive Team (3)

Name Title Board
Seat
Contact
Info
John Cavanaugh Chief Financial Officer
Michael Opdahl Chief Operating Officer
James Blasius Founder, Board Member, President & Chief Executive Officer

Automotive Credit Corporation Board Members (1)

Name Representing Role Since Contact
Info
James Blasius Automotive Credit Corporation Founder, Board Member, President & Chief Executive Officer 000 0000