AgiLend™ is auto loan default insurance that absorbs deficiency balance losses when a borrower defaults. Lenders earn more on near-prime auto — safely — without adding credit risk to their balance sheet.
Financial institutions serving near-prime borrowers — FICO 560–700 — earn significantly higher net interest income than their prime book. The challenge is managing deficiency balance exposure when those loans go into default at a higher rate.
AgiLend™ resolves that. Lenders enroll eligible loans, the borrower pays a risk-adjusted rate that recovers the full program cost, and the insurance absorbs the tail risk. The result: accretive yield with a protected balance sheet.
AgiLend™ operates as a blanket program — no per-loan carrier approval, no complex underwriting workflow. Enroll eligible loans monthly. Coverage is in place. Claims are handled for you.
Near-prime auto loans meeting program criteria are enrolled monthly. Insurance premium and program fee are charged at certification.
A blanket policy is issued by the carrier. Your institution receives a coverage certificate. No per-loan underwriting approval required.
If a borrower defaults, you repossess and sell the vehicle. When net proceeds fall short of the outstanding balance, a deficiency claim is filed.
The claim is adjudicated and the covered deficiency balance is paid to your institution. 85%+ of expected loss absorbed. Balance sheet protected.
AgiLend™ covers a broad range of personal-use auto loans originated to near-prime borrowers. The program accommodates new and used vehicles across a wide range of loan amounts, terms, and LTV levels.
Eligible loans are personal-use passenger vehicles financed to borrowers in the near-prime FICO range. The program covers a wide loan amount and term spectrum, with actuarially differentiated rates by borrower and loan profile. Rate tiers, specific eligibility parameters, coverage terms, and co-pay structure are provided in detail upon program inquiry.
The total program cost — insurance premium and program fee — is recovered entirely through the borrower's risk-adjusted interest rate. No impact to operating funds.
Even after accounting for the full cost of coverage, enrolled near-prime loans generate 3–4× the net return of a comparable prime auto loan.
85%+ of expected deficiency losses are covered. Your institution retains only the agreed co-pay deductible — the rest is on the carrier.
What makes AgiLend™ different is not just what we offer — it is how the program is built.
AgiLend™ rates are set by an independent credentialed actuary — not internal modeling. Pricing reflects verified loss development data and actuarially sound methodology.
Our insurance structure eliminates state rate and form filing requirements. Lenders can begin enrolling loans in weeks — not the months that traditional admitted paper requires.
No per-loan carrier approval. Eligible loans are enrolled monthly on a schedule. Coverage is automatic for qualifying originations — simple to operate at scale.
Claims are adjudicated by an experienced third-party administrator with deep roots in the financial institution market. Lenders get professional, timely claim resolution.
The program is structured to protect all parties over the long term. Rate adequacy is verified by independent actuarial review before launch and re-evaluated on an ongoing basis.
Lending Agility provides direct program administrator support — enrollment onboarding, monthly reporting, and a dedicated point of contact for every lender in the program.
Whether you are evaluating AgiLend™ for your institution, want to understand the program in more detail, or are ready to discuss enrollment — fill out the form and we will respond within one business day.