Subprime auto lender Arra Finance has secured an over $100 million line of warehouse financing from Goldman Sachs even as lenders are being more cautious. Arra Finance, which acquired Cresent Bank’s auto finance division and servicing rights to its $770 million auto portfolio last month, closed on the warehouse funding line in June, Arra Chief […] The post Exclusive: Arra Finance secures over $100M warehouse line from Goldman Sachs appeared first on Auto Finance News.
