Finance

Kennedy Auto Finance Partners With Tricolor Auto Group

Kennedy has taken the reins as the COO of Kennedy auto finance. He previously served as the chief operating officer of Pelican Auto Finance, where he helped build the company from startup to a global business with more than $100 million in auto receivables. Prior to that, Kennedy held several senior positions at various auto finance companies, cultivating an in-depth knowledge of the industry. He holds an MBA from George Washington University and is a member of the National Auto Finance Association.

Kennedy Auto Finance Partners With Tricolor Auto Group

Joel Kennedy is the Chief Operating Officer of Kennedy auto finance

In his new role as President of the National Automotive Finance Association, Joel will continue to lead the industry and the auto lending industry in general. He will also oversee the organization’s Non-Prime Auto Financing Conference, which starts Aug. 30 in Plano, Texas. Kennedy succeeds Sharon Mancero, who has held this position for the past two years and will now take on the role of Chairman of the Association.

Joel Kennedy was previously the COO of Pelican Auto Finance, where he built the company from a startup to a company with over $100 million in auto receivables. Prior to this, he held senior leadership roles at other auto finance companies. He has a deep understanding of the auto finance industry, having originated more than $6 billion in auto loans. Joel holds an MBA from George Washington University and is a member of the National Auto Finance Association.

Tricolor Auto Group is a CDFI

As a certified used car dealer, Tricolor Auto has partnered with Kennedy Automotive Funding to help its customers find the best possible deal on a used car. With over 35 years of experience in auto finance, Tricolor Auto’s expertise extends to the financing of used vehicles. Its innovative approach focuses on delivering affordable auto loans with the help of a risk-segmented business model.

Founded in 2000, Tricolor Auto Group provides affordable auto financing to the underserved Hispanic community by leveraging advanced analytics and technology to empower low-income consumers to own a vehicle. Tricolor owns and operates more than 50 retail dealerships in twelve markets throughout Texas and California. In Mexico, Tricolor operates a shared services center in Guadalajara. This model allows the company to provide quality, affordable auto loans for people with poor credit.

Ganas Auto Group is a shared services center in Guadalajara, Mexico

The Tricolor Auto Group is a mission-driven auto finance company that uses a direct-to-consumer AI platform to finance underserved customers with affordable motor vehicles. The Tricolor Auto Group is a premier automotive lender in the Texas and California market, operating 38 retail dealerships in 12 markets. The Tricolor Auto Group also operates a shared services center in Guadalajara, Mexico.

Ganas Auto Finance is a CDFI

Tricolor is a CDFI and a seller of certified used motor vehicles. Its premium brand, Tricolor Auto Group, sells vehicles with a low down payment and uses advanced data analytics and technology to help consumers get affordable, credit-building auto loans. The company operates 38 retail dealerships in 12 markets across Texas and California, as well as a shared services center in Guadalajara, Mexico.

Kennedy Auto Finance Partners With Tricolor Auto Group

Joel Kennedy, a former CEO of Pelican Auto Finance, has been named COO of Kennedy Auto Finance. During his tenure at the company, Kennedy built Pelican into a company with more than $100 million in auto receivables. Kennedy has been in the auto finance industry for almost two decades, and holds senior positions in several companies. He has originated more than $6 billion in auto loans. He holds an MBA from George Washington University and is a board member of the National Auto Finance Association.

Kennedy lise’s expertise in structuring complex lending facilities to specialty finance companies

The firm’s attorneys have extensive experience advising banks and other financial institutions on various aspects of specialty lending. Specifically, they have extensive experience representing money center banks, general partners and limited partners in private equity, real estate and other specialty finance sectors. In addition to their broad experience, they represent a significant number of lenders. Leon Stephenson, Head of Funds Financing in London, has extensive experience in syndicated subscription credit facilities and structured investment management fee and capital call facilities.

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