PrimaLend Capital Partners Files for Bankruptcy: What's Next?
Update: 2025-10-22
Description
Auto lender PrimaLend Capital Partners files for bankruptcy after missed payments and heavy debt. The company, which specializes in financing buy here, pay here dealerships, assures it will continue funding loans and seeks a buyer through court. CEO Mark Jensen emphasizes maintaining relationships with dealerships and no immediate changes to loan terms. Bankruptcy financing secured to avoid disruptions, as the industry watches the fate of subprime auto financing.
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