RIFCO National Auto Finance Corp. has received a new, $20 million securitization facility through Aviator Trust.

This new facility will allow RIFCO to securitize an additional $20mn in loans. The facility structure and pricing are competitive with the three existing facilities, according  a prepared statement by the company.

RIFCO's existing loan securitization facilities now total $120mn. RIFCO has projected to originate $65M in auto loans in the year ending March 31, 2012, a 48% growth rate over the prior year.

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