Agora Data
Agora Data offers a platform for acquiring high-yielding auto loan portfolios and provides services to help dealerships retain finance profits on subprime auto loans.
Agora Data Services
Agora Data offers a range of services focused on the auto loan market. Their primary offerings include AgoraTrade and AgoraCapital. AgoraTrade enables clients to acquire high-yielding, liquid portfolios of auto loans. The platform includes a robust reporting portal and turnkey solutions for loan acquisition. On the other hand, AgoraCapital allows dealerships to retain the finance profits on auto loans, which are generally handed over to subprime lenders. This service is designed to increase the profitability of dealerships by capturing finance profit on every auto loan originated.
Utilization of Technology in Agora Data
Agora Data leverages advanced technology and machine learning to redefine risk management in the subprime auto loan market. The company's proprietary models have been trained with over $350 billion in principal balance of subprime automotive loan data. Agora Data employs patent-pending technology to provide smarter and safer lending solutions. By utilizing data-driven technology, they aim to identify and manage risks more effectively, offering a more secure lending environment.
AgoraTrade Platform Features
The AgoraTrade platform is designed for the acquisition of seasoned auto loans, providing a structured portfolio that mitigates risk. One of the key features of AgoraTrade is its robust reporting portal, which offers clients comprehensive turnkey solutions for loan acquisition. The platform aims to reduce risk by addressing the front end of the loss curve, providing a more secure and profitable investment option for clients.
AgoraCapital Benefits for Dealerships
AgoraCapital is a service offered by Agora Data that focuses on maximizing the profitability of auto dealerships. This service allows franchise car dealers to capture finance profit on every auto loan they originate, profits that would typically be handed over to subprime lenders. By retaining these profits, dealerships can significantly improve their financial returns from each transaction. AgoraCapital is designed to empower dealers in the subprime lending space, offering a tangible financial benefit and improving overall dealership profitability.
Risk Management in Subprime Auto Loans
Agora Data emphasizes a data-driven approach to risk management in the subprime auto loan sector. By using technology and machine learning models trained on vast datasets, the company seeks to provide insights that help mitigate risk. Their structured portfolios of seasoned auto loans are designed to reduce exposure by focusing on the front end of the loss curve. This method aims to offer safer lending options and improve risk assessment and management for all stakeholders in the subprime automotive loan market.