Bank of America is launching automated funding for RV consumer lending and continues to focus on its rollout of e-contracting as technology use in the RV market grows. RV financing is forecast to grow to $42.4 billion in 2026, up 7.1% year over year, according to a Jan. 19 release by market research firm Mordor Intelligence. As the market expands, lenders are growing their operations, with Bank of America growing its RV lending tech to include auto funding and e-contracting, Tim Owens, head of consumer vehicle lending, told Auto Finance News. […]
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