Agora Data Expands Dealer Funding to Near-Prime Buyers
The fintech company now offers funding options for customers with FICO scores of 660 and below.
Updated on Nov. 3, 2026 in Buying/Selling
Agora Data, a fintech company serving the automotive industry, expanded its auto dealer funding program to include near-prime customers. The program offers annual percentage rates as low as 13.99% and net advances up to 97%.
Why it matters
The expansion gives dealers financing options for buyers who fall outside the prime credit range. Agora Data said it added near-prime coverage based on conversations with its dealers.
The program offers APRs as low as 13.99% and net advances up to 97%, with eligibility for customers with FICO scores of 660 and below. The announcement does not disclose enrollment numbers or how these terms compare with prime program rates.
The players
Agora Data
Agora Data is a fintech company that provides capital, technology, and portfolio solutions to the automotive industry and has pioneered non-prime auto securitization.
The details
Under the expanded program, dealers can obtain funding for near-prime customers and may earn additional loan profit through a defined path. Agora Data, which launched the industry's first asset-pooled non-prime auto securitization in 2020, announced the change on November 3, 2026, from Arlington, Texas.
Timeline
2020: Agora Data launched its first asset-pooled non-prime auto securitization.
2026: Agora Data brought U.S. auto loans on blockchain as tokenized real-world assets.
November 3, 2026: Agora Data announced the expanded near-prime dealer funding program.
Season Trajectory
The expansion extends the non-prime lending approach Agora Data launched with its 2020 asset-pooled auto securitization into dealer funding. It also follows the company's 2026 move to bring U.S. auto loans onto blockchain as tokenized real-world assets.
Dealers serving near-prime buyers may now have a funding option with APRs as low as 13.99% and net advances up to 97%. Buyers with FICO scores of 660 and below may find more financing paths available at participating dealerships.
The takeaway
Dealers and buyers in the near-prime segment now have an additional financing channel to evaluate. Comparing offered rates and advance terms against other options remains important before committing.
Further reading
Explore more Buying/Selling coverage for context on how dealer financing options are changing.
More information
Visit the Agora Data company website for details on its dealer funding programs.
Source note: This article includes information reported by The Manila times.
