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.
Website
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 |
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 |
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 |
Automotive Credit Corporation Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 000 0000000 000000 | Automotive | Northridge, CA | 0000 |
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 |