ECN Capital Corp. and Skyline Champion Corporation announced they have entered into a share subscription agreement pursuant to which Skyline Champion has agreed to make an approximately $138 million equity investment in ECN Capital on a private...
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August 15, 2023, 07:22 AM
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Operating performance and credit metrics for U.S. captives are expected to continue to normalize following record profitability in 2021 and much of 2022, according to Fitch Ratings. Net interest margins will decline toward pre-pandemic levels given...
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July 18, 2023, 07:20 AM
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ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President and COO); Tokyo Century Corporation (headquartered in Chiyoda-ku, Tokyo; Koichi Baba, President and CEO), and Hitachi Construction Machinery Co., Ltd. (headquartered in...
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November 22, 2022, 07:25 AM
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APPROVE, an innovator in the equipment finance industry, has launched a virtual captive finance program called APPROVE OEM that allows equipment manufacturers of all sizes to significantly grow their sales by giving their dealers and customers access...
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November 18, 2022, 07:15 AM
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Leasepath, provider of the asset finance industry’s Finance Origination (LOS) and Customer Engagement (CRM) platform, announced a successful launch of its flagship product at a top Auto Finance Captive based in Michigan. The AFC will leverage the...
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September 16, 2020, 07:20 AM
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Captive finance companies are likely to face continued pressure on profitability due to rising credit losses, declining residual values and higher funding costs, according to a review of U.S. Captive Finance Companies from Fitch Ratings. In addition...
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June 15, 2017, 07:08 AM
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White Clarke Group’s inaugural Auto Captives Summit was held on November 11th, 2015 at Hilton Canary Wharf, and was attended by senior executives of the world’s largest auto finance captives who gathered to understand more about how they can navigate...
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November 25, 2015, 07:03 AM
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According to Fitch Ratings, captive finance subsidiaries of major global manufacturers (captives) have continued to report very strong profit margins, driven by outstanding credit-loss performance and improved demand for their parents' products....
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May 22, 2013, 07:05 AM
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