Insights for the Future of Auto
Insights for the Future of Auto
Pete brings 40 years of experience in automotive finance and technology to his role as Founder and CEO of eLEND Solutions™. Founded in 2003 as DealerCentric, eLEND Solutions™ is an automotive FinTech company specializing in online and in-store digital credit and finance solutions designed to create a more efficient and profitable vehicle purchase process for the retail automotive industry.
Pete began his career with WFS Financial where he spent 14 years in various management positions that helped grow the company to over $4 billion serviced. Pete left WFS and co-founded auto finance company Onyx Acceptance in 1993. Onyx originated over $14 billion in auto loans, went public in 1996 and was acquired by Capital One in 2005.
Monthly vehicle payment trumps selling price for today’s car buyers, yet nearly 70% of dealers use inaccurate online tools to quote monthly payments - a disconnect that perpetuates st... [Read More]
Auto Finance