Atlanticus Holdings Corporation, incorporated on May 14, 2009, is focused on providing financial services. Through its subsidiaries, the Company offers an array of financial products and services. The Company operates through two segments: Credit and Other Investments, and Auto Finance. The Company also provides loan servicing activities, including underwriting, marketing, customer service and collections operations for third parties.
Credit and Other Investments
The Company's Credit and Other Investments segment includes its point-of-sale and direct-to-consumer finance operations, investments in and servicing of its various credit card receivables portfolios and other product development and limited investment in consumer finance technology platforms that capitalize on its credit infrastructure. Within its Credit and Other Investments segment, the Company originates consumer loans through multiple channels, including retail point-of-sale, direct solicitation and through testing of domestic credit card originations through third-party financial institutions. These products are all offered through its Fortiva brand (Fortiva Retail Credit, Fortiva Personal Loan and Fortiva Credit Card). Through Fortiva Retail Credit (point-of-sale operations), the Company allows retail partners and service providers to offer loan options to their customers who have typically been declined by a primary lender. In its point-of-sale channel, the Company partners with retailers and service providers in various industries across the United States to offer Fortiva Retail Credit to their customers for the purchase of a range of goods and services, including consumer electronics, furniture, elective medical procedures, educational services and home-improvements.
Auto Finance
The Company's Auto Finance segment operations are principally conducted through its CAR platform. CAR purchases and services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here used car business. The Company offers a number of other products to its network of buy-here, pay-here dealers, including its floor-plan financing offering. The Company purchases auto loans at a discount and with dealer retentions or holdbacks that provide risk protection. Also within its Auto Finance segment, the Company is providing certain installment lending products in addition to its traditional loans secured by automobiles.
The Company competes with Credit Acceptance Corporation, Westlake Financial, Mid-Atlantic Finance, Santander Auto Finance, Western Funding Inc. and America's Car-Mart.
5 Concourse Pkwy Ste 300
The company trades on NASDAQ exchange. The company headquarter is located in Georgia, GA. The company was established in the 1996.| Ticker | ATLC |
| Long Name | Atlanticus Holdings Corporation |
| Short Name | Atlanticus |