Strike Acceptance

About Strike Acceptance

Established in 2016, Strike Acceptance operates as an auto finance company with a focus on the non-prime credit market. The firm is headquartered in Laguna Hills, California, with an additional office in Irving, Texas. The company's business model is centered on providing indirect financing through a network of over 1,100 independent and franchised car dealerships nationwide. This enables dealer partners to facilitate vehicle sales to consumers who have limited or challenging credit histories.

Strike Acceptance specializes in financing used vehicles, including light-duty trucks, minivans, and sport-utility vehicles, for customers with an average credit score profile in the mid-500s. The core of its lending programs is to offer these individuals a chance to establish or rebuild their credit. The company's revenue is generated through the auto loans it originates. These loans are often bundled and sold as asset-backed securities (ABS) on the capital markets. For instance, in March 2025, the company prepared a $107.9 million ABS offering backed by auto and powersport vehicle loans. This securitization process provides the liquidity necessary to fund new loans.

The management team at Strike Acceptance possesses extensive collective experience in the indirect non-prime auto finance sector. The leadership includes President Steve Singh and COO/Chief Revenue Officer Doug Taylor, who guide the company's strategic direction and operational execution. The company emphasizes a culture built on service, respect, and compliance.