Recent Updates
- All
- News
- Publications
- Announcements
Auto Loan Denials Surge as Lenders Tighten Credit
Access to auto loans continues to decline as lenders tighten credit standards due to economic uncertainty and rising delinquencies. According to the New York Fed, the denial rate for auto loans reached 14.2% in June…
Colonnade Advises Pathward Financial on the Sale of its Insurance Premium Finance Business to Honor Capital
October 31, 2024 Pathward Financial, Inc. (Nasdaq: CASH) announced that its wholly owned subsidiary Pathward®, N.A. (“Pathward”), an industry leading financial empowerment company driven by its purpose to power financial inclusion, has closed the sale…
Colonnade Securities advises Maverick Document Signings, Inc. on its sale to 1876 Partners Fund I, LP
July 31, 2024 1876 Partners Fund I, LP (“1876 Partners”), acquired Maverick Document Signings, Inc. (“Mavsign”), the technology leader in remote document closing and fraud detection and mitigation services for motor vehicle dealerships in the…
New-Vehicle Inventory Soared Amid CDK Cyberattack
In June, new-vehicle inventory days’ supply surged to 116 days. Supply of unsold new vehicles increased 52% over last year to stand at 2.91 million units at the start of July. Inventory is increasing primarily…
Used Construction Equipment Inventory Reaches Pre-Pandemic Levels Amid Sector Recovery
Inventory of used construction equipment has rebounded to pre-pandemic levels. More equipment has become available as projects are completed, leading to a surplus in the market, amongst other factors, according to Equipment Finance News. The…
