Veros Credit Surpasses a Billion Dollars in Loan Originations

Share Article

Veros Credit and its affiliates, with a 20 year history of originating auto loans, has surpassed the $1,000,000,000 milestone in loan originations.

"We have been very well received in our new markets and it is apparent that our second billion of auto loan originations will happen considerably sooner than our first billion.” Kyle Dietrich VP of Sales & Marketing

As part of their recent nationwide expansion efforts, Veros Credit now originates loans in 15 states including: WA, OR, CA, NV, UT, AZ, CO, NM, KS, TX, MO, OH, VA, TN, NC, and FL with near term plans to head into the additional markets of IL, OK, and IN. Veros Credit’s recent expansion, coupled with a storied history of originating loans in CA, AZ and NV has helped tip the scales in excess of one billion dollars.

“November 2014 marks a historical significance in our company’s history,” stated Cyrus Bozorgi, President and CEO of Veros Credit. “Our recent expansion into new markets has helped push us over the one billion mark, but the bulk of our lending occurred with our two decade relationships in CA, and I want to thank our dealership partners for all of their support, along with our valued Veros Credit employees. Our intent is to bring that same brand of customer service and dealer loyalty that has worked so well for us the past two decades, to all of the markets we serve across the country as we push towards our second billion in auto loans.”

Vice President of Sales & Marketing, Kyle Dietrich added, “It is a great feeling to be part of a company that has such a deep history, that now wants take this high service level and long term relationship concept across the United States. We have been very well received in our new markets and it is apparent that our second billion of auto loan originations will happen considerably sooner than our first billion.”

Veros Credit is a leading provider of auto financing solutions. Veros specializes in the acquisition and servicing of retail installment contracts through a vast network of franchise and independent automobile dealers. Their 20+ years of subprime and near prime auto lending experience, combined with a commitment to strong personal relationships with their dealers and customers, enables Veros to deliver quality service and a robust lending program.

For more information about Veros Credit, please visit http://www.veroscredit.com.

Media Contact
Vanessa Gonzales
vgonzales(at)veroscredit(dot)com

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Caitlin O'Neill
Veros Credit
+1 (714) 352-2408 Ext: 6708
Email >

Kyle Dietrich
Veros Credit
714-352-2724 6735
Email >
Visit website