Arra Finance Finalizes Acquisition of Crescent Auto Finance and Enhances Capital Stack; Launches Next Stage of Business GrowthIRVING, Texas, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Arra Finance, LLC (“Arra” or the “Company”), a subprime indirect auto finance company, today announced that it has finalized its acquisition of the auto finance division of Crescent Bank and increased its funding capital sources. With the completion of these key business developments, Arra takes a major step forward as a significant player in the subprime auto financing space, with a significantly expanded origination capacity and the secure financing necessary to be a partner of choice for dealers across the country.
Arra Finance To Acquire Crescent Auto Finance, Rapidly Scaling Its Subprime Auto Finance PlatformDeal to quadruple auto finance origination capacity and reduce credit application response time to a matter of seconds
Arra Finance Highlights Success of Subprime Auto Loan Financing Solutions PlatformIRVING, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Arra Finance LLC (“Arra” or the “Company”), a subprime indirect auto finance company, today celebrates significant progress successfully relaunching and leveraging its scalable originations system, proprietary scorecard and data warehouse to provide access to finance solutions and facilitate auto sales for franchise and independent dealers.
