American Credit Acceptance Closes $205 Million Securitization with Wells Fargo Securities
Spartanburg, SOUTH CAROLINA – March 29, 2013 – American Credit Acceptance (ACA), an indirect auto finance company, announced a recent $205 million dollar term securitization with Wells Fargo Securities under the ACAR securitization program. The deal closed March 27, 2013.
After issuing three securitizations totaling $566 million in 2012, ACA closes out the first quarter by completing their first securitization of 2013. The additional capital will continue to fund ACA’s growth strategy for the remainder of 2013 and beyond. Read Full Article
American Credit Acceptance Closes $205 Million Securitization with Wells Fargo Securities
Spartanburg, SOUTH CAROLINA – December 10, 2012 – American Credit Acceptance (ACA), an indirect auto finance company, announced a recent $205 million dollar term securitization with Wells Fargo Securities under the ACAR securitization program. The deal closed December 5, 2012.
This latest securitization further strengthens ACA’s position of being a programmatic issuer in the market. ACA plans to continue issuing multiple securitizations of similar size or larger each year. The additional capital will continue to fund ACA’s growth strategy for 2013 and beyond. Read Full Article
American Credit Acceptance Closes $211 Million Securitization with Wells Fargo Securities
Spartanburg, SOUTH CAROLINA – August 3, 2012 – American Credit Acceptance (ACA), an indirect auto finance company, announced a recent $211 million dollar term securitization with Wells Fargo Securities under the ACAR securitization program. The deal closed July 30, 2012.
ACA continues to demonstrate their goal of becoming a programmatic issuer in the market, as this represents ACA’s third securitization issued in less than nine months. The additional capital will fund ACA’s growth strategy for the remainder of 2012 and beyond. Read Full Article
American Credit Acceptance Closes $150 Million Securitization with Wells Fargo Securities
Spartanburg, SOUTH CAROLINA – February 27, 2012 – American Credit Acceptance (ACA), an indirect auto finance company, announces a $150 million dollar term securitization with Wells Fargo Securities under the ACAR securitization program. The deal closed February 23, 2012.
This recent securitization was another step towards ACA reaching its goal of becoming a programmatic issuer in the market. ACA plans to issue three to four securitizations each year of this size or larger. The additional capital will fund ACA’s growth strategy for 2012 and beyond. Read Full Article
American Credit Acceptance Closes $100 Million Securitization with Wells Fargo Securities
American Credit Acceptance (ACA), an indirect auto finance company, announces its inaugural $100 million dollar term securitization with Wells Fargo Securities under the ACAR securitization program. The deal closed October 20, 2011.
The inaugural securitization is the first step towards reaching the Company's goal of becoming a programmatic issuer in the market. ACA plans to issue three to four securitizations each year of this size or larger. The additional capital will fund ACA's growth strategy for 2012 and beyond. » Read Full Article