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Credit Acceptance

Finance · Michigan, United States · 2,232 Employees

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About

Headquarters

25505 W 12 Mile Rd, Southfield, Michigan, 48034...

Revenue

$1.9 Billion

Stock Symbol

CACC

Industry

Brokerage Finance

Highlights

$2.2B

Total Funding Amount

$200M

Most Recent Funding Amount

6

Number of Funding Rounds

Who is Credit Acceptance

Credit Acceptance is an auto finance company that provides automobile loans and other related financial products. Credit Acceptance is headquartered in Southfield, Michigan.Read more

Credit Acceptance's Social MediaPopular SearchesCredit AcceptanceCREDIT ACCEPTANCE CorpCredit Acceptance LLCAuto Credit AcceptanceCredit Acceptance IncSIC Code 50,501NAICS Code 42,425Ticker NASDAQ: CACCShow more

Credit Acceptance Org Chart

Kenneth Booth
Kenneth Booth

Chief Executive Officer

PhoneEmail
Jay Martin

Chief Financial Officer

PhoneEmail
Jonathan Lum
Jonathan Lum

Chief Operating Officer

PhoneEmail

PhoneEmail

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Credit Acceptance Company Metrics

Company Insights
Employee Growth Rate
Funding
Funding DateDec 15, 2022
RoundDebt
Amount$200M
Investors
Funding DateNov 03, 2022
RoundDebt
Amount$389.9M
Investors
Funding DateFeb 18, 2021
RoundDebt
Amount$500M
Investors
See More

$2.2B

Total Funding Amount

$200M

Most Recent Funding Amount

6

Number of Funding Rounds

Credit Acceptance Tech Stack

A closer look at the technologies used by Credit Acceptance

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Credit Acceptance News & Media

  • Credit Acceptance Celebrates 10th Year on Fortune's 100 Best Companies to Work For® List

    Southfield, Michigan, April 04, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the 100 Best Companies to Work For® by Fortune for the tenth time. With a ranking of #39 this year, the Company's longstanding presence on the list reinforces the strength of our culture.
  • Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing

    Southfield, Michigan, March 28, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $625.2 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note C
  • Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing

    Southfield, Michigan, March 28, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $625.2 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
  • Credit Acceptance Announces Completion of $200.0 Million Asset-Backed Financing

    Southfield, Michigan, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $200.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $250.1 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note Cl
Read more news

Frequently Asked Questions regarding Credit Acceptance

Where is Credit Acceptance located?
Credit Acceptance's headquarters are located at 25505 W 12 Mile Rd, Southfield, Michigan, 48034, United States
What is Credit Acceptance's stock symbol?
Credit Acceptance's stock symbol is CACC
What is Credit Acceptance's official website?
Credit Acceptance's official website is www.creditacceptance.com
What is Credit Acceptance's Revenue?
Credit Acceptance's revenue is $1.9 Billion
What is Credit Acceptance's SIC code?
Credit Acceptance's SIC: 50,501
What is Credit Acceptance's NAICS code?
Credit Acceptance's NAICS: 42,425
How many employees does Credit Acceptance have?
Credit Acceptance has 2,232 employees
What industry does Credit Acceptance belong to?
Credit Acceptance is in the industry of: Brokerage, Finance
What is Credit Acceptance competition?
Credit Acceptance top competitors include: Santander Consumer USA Inc, American Credit Acceptance LLC, Flagship Credit Acceptance LLC, Consumer Portfolio Services Inc
What technology does Credit Acceptance use?
Some of the popular technologies that Credit Acceptance uses are: PagerDuty, HashiCorp Terraform, Logstash, LinkedIn Login
Who is the CEO of Credit Acceptance?
Credit Acceptance's CEO is Kenneth Booth
Who is the CFO of Credit Acceptance?
Credit Acceptance's CFO is Jay Martin
Who is the CTO of Credit Acceptance?
Credit Acceptance's CTO is Suyog Choudhari
What does Credit Acceptance do?

Credit Acceptance is an auto finance company that provides automobile loans and other related financial products. Credit Acceptance is headquartered in Southfield, Michigan.... Read More

What are Credit Acceptance social media links?
Credit Acceptance Linkedin page Credit Acceptance Twitter page Credit Acceptance Facebook page
How much funding has Credit Acceptance raised to date?
Credit Acceptance has raised $2.2 Billion in 6 funding rounds
When was the last funding round for Credit Acceptance?
Credit Acceptance closed its last funding round on Dec 15, 2022 with the amount of $200 Million
Is Credit Acceptance a public company?
Yes, Credit Acceptance is a public company and is traded under the symbol CACC
See more information about Credit Acceptance

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