Veros Credit LLC

About Veros Credit LLC

Veros Credit is a leading provider of auto financing solutions, specializing in the acquisition and servicing of motor vehicle retail installment contracts through a vast network of franchise and independent automobile dealers. With over 30 years of experience in subprime and near-prime automotive financing, they focus on delivering quality service and robust financing programs while maintaining strong personal relationships with customers and a network of over 2,000 dealers nationwide.

Products & Services

Auto Financing Solutions:Specialized financing for motor vehicle retail installment contracts through franchise and independent automobile dealers.

Dealer Support Services:Unparalleled service and support for dealers through a dedicated portal and signup process.

Customer Service:World-class service for customer interactions, including payment options and FAQs.

Specialties

Subprime Automotive Financing Near-Prime Automotive Financing Dealer Network Management Customer Relationship Management

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Asset-Backed Securitization (ABS) T: - FT: Asset-Backed Securitization (ABS)	A: 219360000 MR: - FA: $219.36 million FAN: 219360000	D: 2024-05-17 FD: 2024-05-17	-

Asset-Backed Securitization (ABS) Latest

2024-05-17

$219.4M

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

B

Bijan

Chairman

C

Cyrus

President and Chief Executive Officer

H

Harvey

Chief Operating Officer

S

Stephen

Chief Financial Officer

R

Robert

Chief Legal Officer

R

Ravi

Chief Strategy Officer

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Recent News

Veros Credit LLC Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised