Page 14 - GIADA-April-2018

INDUSTRY NEWS

Kevyn Rails joins Innovate Auto Finance

as Vice President of Portfolio Acquisitions

Rails brings 24 years of auto finance experience and will oversee the

company’s acquisitions activities coast to coast.

Innovate Auto Finance, a purchaser and two decades of diverse experience in auto
servicer of automobile loan portfolios finance, including roles in both sales and
and provider of line-of-credit financing, credit,” said Scott France, Chief Operations
has hired Kevyn Rails as Vice President Officer for Innovate Auto Finance. “Kevyn’s
of Portfolio Acquisitions. In this role, unique lending background will serve him
Rails will source profitable subprime auto well as he assesses auto loan portfolios
loan portfolios for Innovate’s own book of across the country.”
business, as well as for the multinational
asset management firm that retained Rails added, “I am thrilled to join Innovate
Innovate earlier this year to source and Auto Finance, a company that is truly on the
service up to $50 million of portfolios for forefront of change in this industry. It’s not
their company. every day you come across an organization
that isn’t afraid to try something new.
“We are excited to welcome Kevyn to our Innovate definitely lives up to its name, and
growing organization. He brings more than that pioneering spirit is one of the many
reasons I chose to come on board.”

In his new position, Rails will oversee both
the portfolio acquisitions and funding
teams. Rails will join other Innovate
executives at several upcoming conferences,
including LendIt Fintech USA 2018, April
9-11, and AFSA Independents Conference
& Expo, April 24-26. To set up a meeting
with an Innovate executive at one of these
Sunsets are beautiful, unless events, email businquiries@innovateauto.
com.
it’s your GPS network. About Innovate Auto Finance

Founded in 2009, Innovate Auto Finance
provides liquidity solutions to both
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well as finance companies, through bulk
portfolio acquisitions. Innovate’s flexible,
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basic locate. You’ll be amazed at how far we’ve come! Since its inception, Innovate has provided
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support in the industry supported by a 3 year hardware warranty. acquisitions of more than $500 million of
auto finance receivables across more than
Visit us online at www.aragps.com 200 sellers. For more information, visit
Call or text 770-871-0051. www.innovateauto.com or connect with
E-Mail aragps@mailga.net ARA GPS Innovate on LinkedIn at www.linkedin.
com/company/innovateautofinance/. n
12 | GIADA Independent Auto Dealer APRIL 2018