Dear Valued Dealer Partner

Thank you for your continued support and for trusting OCM Auto Financing Group with your subprime lending needs. Our unique programs and lending guidelines have served our dealers well in 2023 and OCM is delighted to continue to offer and enhance these offerings in 2024.

We Take Pride

Celebrating a decade in business, OCM Auto Financing Group takes pride in the journey we've shared with our valued dealer partners. Over the past 10 years, our commitment to innovation, efficiency, and customer service has solidified our position in the industry. As we reflect on this milestone, we express gratitude for the trust and collaboration that have fueled our success.

Continued Growth

At OCM, we firmly believe that our business model is robust and sustainable for many years to come. We continue to focus on how we can make our operations more efficient and always encourage our Dealer Network to provide any feedback or concerns that will help us become the top lender of choice for your subprime financing needs. Despite market concerns, we're thrilled to report a remarkable surge in our lending activities. With a nearly 50% increase compared to the same period last year, this exponential growth is a testament to the robust demand for our financing solutions. Despite this volume increase, our loss ratio has remained low, highlighting the effectiveness of our risk management, particularly in these uncertain times. This quarter marks OCM's third-best performance quarter to date.

Expanding Our Reach

Over 900 dealers in Ontario and Quebec have partnered with OCM to help them close more deals. With our 50% approval rate, along with an industry leading look to book rates and client specific programs, we continue to focus on expanding into new territories and markets while maintaining the high quality service our Dealers expect.

Demand is Up

The automotive industry has experienced the highest growth in new car sales this past month. Manufacturer incentives, lucrative finance/lease rate options, are driving up demand going into the lucrative spring market. Lending rates seem to have stabilized and, in the coming months, experts believe that we will see favourable lending rate

Thank you for your continued trust and support. Stay tuned for more exciting updates in the upcoming quarters. For any inquiries about OCM Auto Fund, feel free to contact your dealer representative or visit

Andrew Abraham, Chief Executive Officer

Published by OCM Auto Financing Group Ltd.

©OCM Auto Financing Group Ltd. 2024