Consumer Portfolio Services, Inc. (CPSS) Launches $900 Million Forward Flow Program
LAS VEGAS, Nevada, January 13, 2026 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) announced the initiation of a new forward flow program on December 12, 2025, in partnership with Valley Strong Credit Union, a leading credit union in California’s Central Valley. This strategic agreement is poised to elevate CPS’s annual origination volumes by as much as $900 million, significantly enhancing the Company’s capacity to cater to prime credit borrowers.
Program Details and Strategic Impact
The forward flow program will leverage CPS's advanced AI-enabled auto finance platform, allowing the Company to effectively serve borrowers across all tiers of the credit spectrum. This initiative not only strengthens CPS's position as a full spectrum lender but also reinforces its reputation as the preferred lending partner for automobile dealerships.
According to Mike Lavin, President and Chief Operating Officer of CPS, “We are excited to begin our partnership with Valley Strong. The partnership will contribute to the growth in our origination volumes, allow us to move closer to our goal of being a full spectrum lender for our dealer partners, and expand our national footprint of our AI-enabled platform.”
Commitment from Valley Strong Credit Union
Valley Strong Credit Union’s President and CEO, Nicholas Ambrosini, expressed enthusiasm about the collaboration, stating, “This partnership with CPS aligns with our mission to provide access to competitive auto financing options while leveraging advanced technology to enhance the member experience.” This partnership emphasizes the dual commitment to innovation and customer satisfaction.
About Consumer Portfolio Services, Inc. (CPSS)
CPSS is an independent specialty finance company dedicated to providing indirect automobile financing to individuals who may have past credit challenges or limited credit histories. The Company primarily purchases retail installment sales contracts from franchised automobile dealerships, focusing on late model used vehicles and, to a lesser extent, new vehicles. CPS funds these contract purchases through the securitization markets and services them over their lifespan.
About Valley Strong Credit Union
Valley Strong Credit Union operates 31 branches across Kern, San Joaquin, Solano, and Tulare/Kings Counties, serving over 360,000 members with approximately $4 billion in assets. Recognized by Forbes as the #2 Credit Union in California, it has established itself as one of the largest financial institutions based in the Central Valley.
Investor Relations Contact
For more information, please contact Mike Lavin, President and Chief Operating Officer at 949-450-3038.