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Stock impact report

Online Automotive Retailer Vroom Announces Strategic Relationship with Santander Consumer

Santander Consumer USA Holdings Inc. (SC) 
Last santander consumer usa holdings inc. earnings: 4/28 06:15 am Check Earnings Report
Company Research Source: Business Wire
New Deal Will Make It Even Easier for Vroom Customers to Obtain Auto Loan Financing NEW YORK--(BUSINESS WIRE)--Vroom (www.vroom.com), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced a multi-year strategic preferred lending relationship with Santander Consumer USA, a full-service consumer finance company focused on vehicle finance and third-party servicing. The partnership is designed to enhance Vroom’s customer experience through a streamlined financing process and competitive lending rates. The new relationship will make it even easier for Vroom customers of all profiles to obtain auto loan financing. The two companies have begun operationalizing the partnership and will continue to refine and enhance aspects of it through 2020.Santander Consumer has been a valuable Vroom lending partner since 2018 but this new preferred lending relationship will streamline the transaction process and provide access to enhanced pricing, fina Show less Read more
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