Skopos Financial

Founded in 2012, Skopos Financial, LLC ("Skopos" or the "Company") is an indirect automobile finance company based in Irving, TX. The Company operates in the deep sub-prime market where many of their borrowers have experienced prior credit difficulties or have limited credit histories. Borrowers typically have credit bureau scores ranging from 475 to 620. The Company forecasts losses on the loans it originates and prices them using their third-generation scorecard. The scorecard incorporates several predictive attributes such as the borrower's payment to income, loan to value ("LTV") and depreciation forecasts based on the make and model of the vehicle. The Company proactively targets customers with low LTV's and those that have made a meaningful down payment.