Colonial auto finance is poised for moderate expansion in

Colonial Auto Finance is poised for moderate expansion in auto loan volumes before year-end. Market models suggest that maintaining strong asset quality will be key for sustaining upward price momentum. To finance the retail-residential building, a portion of the state funding will be added to private loans and investment, housing tax credits and grants. Like revitalization efforts in other cities and towns, state funding is often needed to match grants and encourage private investment. When these deals cannot be sold, the dealers get stuck with the loans and can run out of money. As mentioned a minute ago, several subprime dealer-chains have filed for bankruptcy this year. Data indicates Colonial Auto Finance’s loan book expansion is tracking higher than last year’s pace. Investors may respond positively to sustained portfolio growth if credit losses remain contained.