Tricolor Closes $100 million Credit Facility with Fifth Third Bank to Support Scale
September 12, 2022 08:00 ET
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Tricolor Holdings
DALLAS, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Tricolor today announced the closing of a $100 million warehouse facility with Cincinnati-based Fifth Third Bank, National Association, secured by loans...
Tricolor Opens New 200,000 Square Foot Reconditioning Center to Support Value Proposition and Scale
September 01, 2022 08:00 ET
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Tricolor Holdings
DALLAS, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Tricolor today announced the opening of its new state-of-the-art mega reconditioning center in Wilmer, Texas, south of downtown Dallas. The 200,000 square...
Tricolor Issues First Ever Social Bond in U.S. Consumer Auto Lending to Empower Mobility in Underserved Hispanic Communities
April 29, 2022 12:11 ET
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Tricolor Holdings
DALLAS, April 29, 2022 (GLOBE NEWSWIRE) -- Tricolor today announced a $212 million social bond, the first ever in the United States collateralized by consumer auto asset backed securities (ABS), to...
Tricolor Wins LendIt Fintech Industry Awards for Excellence in Financial Inclusion
February 09, 2022 08:00 ET
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Tricolor Holdings
DALLAS, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Tricolor today announced it has been named the LendIt Fintech Industry Award winner for Excellence in Financial Inclusion. Tricolor was honored for its use...
Tricolor Named Finalist in LendIt Fintech Industry Awards for Excellence in Financial Inclusion
December 21, 2021 10:36 ET
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Tricolor Holdings
DALLAS, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Tricolor today announced it has been named a finalist in the Excellence in Financial Inclusion category for the annual LendIt Fintech Industry Awards. The...
Tricolor Launches New Software as a Service Business, Names Stephanie Alsbrooks Hanson President
February 24, 2021 08:00 ET
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Tricolor Auto Group
DALLAS, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Tricolor, a tech-enabled Community Development Financial Institution (CDFI) and the nation’s largest used vehicle retailer and lender for the Hispanic...
Tricolor Adds Veteran Leadership to Aggressively Expand AI-Powered Responsible Lending Platform
December 03, 2020 08:00 ET
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Tricolor Auto Group
Purposeful financial technology leader adds proven execs, aims for continued scaling of business into new geographies DALLAS, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Tricolor, a tech-enabled Community...
Tricolor names Stacie Trier Chief Compliance Officer
June 30, 2020 08:00 ET
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Tricolor Auto Group
DALLAS, June 30, 2020 (GLOBE NEWSWIRE) -- Tricolor, the nation’s largest used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, today announced that veteran...
Tricolor names Jennifer Lee Chief Product and Strategy Officer
April 27, 2020 08:00 ET
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Tricolor Auto Group
DALLAS, April 27, 2020 (GLOBE NEWSWIRE) -- Tricolor, the nation’s largest used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, today announced that...
US Treasury Department Awards Community Development Financial Institution (CDFI) Certification to Tricolor
November 05, 2019 11:03 ET
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Tricolor Auto Group
Tricolor becomes only lender among all auto asset-backed securities issuers in the U.S. to earn CDFI designation DALLAS, Nov. 05, 2019 (GLOBE NEWSWIRE) -- It was announced today that the US...