Freeway Funding is the first client to leverage a new program from Agora Data that’s designed to meet the needs of small to mid-sized finance companies.

The fintech company that provides technology, capital and guidance with predictable performance and analytics highlighted that its new program combines traditional bulk transactions with on-going flow arrangements.

To kick off the new program, Agora announced the successful completion of the inaugural funding of a $35 million transaction with additional follow-on capacity for $100 million for Freeway Funding.

Started in 2013, Freeway Funding is a privately held consumer finance company specializing in the acquisition and servicing of non-prime retail installment contracts from a wide network of franchised and independent dealers.

“Agora is a trusted strategic partner, providing Freeway Funding a competitive advantage through advanced technology and robust capital resources. Its support has significantly increased our credit capacity, enabling us to meet our expanding capital requirements now and in the future,” Freeway Funding CEO and president David Rabin said in a news release distributed by Agora.

Agora explained this new strategic financing capability provides consumer finance companies like Freeway Funding with seamless liquidity and the ability to accelerate growth plans.

“It’s a pleasure to collaborate with forward-thinking finance companies that seek innovative funding solutions and business improvements,” said Sharon Mancero, managing director of Agora Data.

“Agora is dedicated to fostering growth for small to mid-tier auto finance companies. Our financial solutions provide these businesses with substantial capital, enhancing their ability to serve independent and franchise dealers and boost profitability,” Mancero went on to say.