What Foursight Capital LLC does

Foursight Capital LLC is a U.S. specialty auto lender founded in 2012 and headquartered in West Valley City, Utah, that originates indirect auto loans to near prime–subprime consumers with FICO scores in the 525–725 band. The company distributes credit exclusively through an indirect dealer channel spanning franchise, large independent, and small independent dealers nationwide, with loan terms of 36–75 months. Its dealer-facing technology is the U-Drive portal, which gives dealers 24/7 self-service capability to submit, restructure, and fund applications in real time, including collateral adjustments, structural modifications, and document uploads. Borrower-facing services include no-fee Auto-Pay, paperless E-Statements, and a Credit Mentoring tool that surfaces real-time loan cost feedback.

Foursight generates revenue primarily through interest income on its auto loan portfolio, a recurring yield-based model tied to origination volume, credit mix, and net charge-off performance. Pricing is not publicly disclosed and varies by borrower creditworthiness. The company carries an NMLS registration (ID #1458842) and is governed under Utah law. Following its April 2024 acquisition by OneMain Financial — the largest U.S. nonprime consumer lender — Foursight now operates as OneMain Auto, with titles, servicing, and careers functions already integrated into OneMain's systems ([email protected], jobs.onemainfinancial.com). The core leadership includes co-founder Mark Miller, who serves as President & CEO. No public revenue, employee count detail, or origination volume is disclosed in the source material.

Name

Foursight Capital LLC

Legal name

Foursight Capital LLC

Website

https://foursight.com

Company type

Private

Founded year

2012

Operating status

Acquired

Headcount range

101–250 employees

Short description

Foursight Capital LLC is a Utah-based specialty auto lender that originates indirect auto loans to near prime–subprime consumers (FICO 525–725) through franchise and independent dealer networks nationwide, using its U-Drive portal for real-time dealer processing. Acquired by OneMain Financial in April 2024, it now operates as OneMain Auto.

Ownership category

akta.pro rank

Product category

Consumer Auto Lending

SIC

Finance Lessors (6172)

akta.pro primary industry

Motorcycle & Powersports Finance (FSAKADAG)

Keywords

• Subprime auto loans
• Consumer auto financing
• Indirect auto lending
• Dealer auto finance
• Nonprime auto credit

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Auto Loan Interest: Revenue generated from interest on auto loans provided to consumers in the near prime-subprime credit range (525-725 credit score). Loans are offered with 36-75 month terms through an indirect dealer network.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Foursight Capital LLC is a Utah-based private financial services firm that provides indirect auto financing to near prime and subprime consumers with credit scores ranging from 525 to 725. The company originates loans through a network of franchised and independent auto dealers across multiple U.S. states, offering loan terms of 36 to 75 months. Foursight was acquired by OneMain Financial in April 2024 and now operates as OneMain Auto.

Product overview

Foursight Capital LLC (now OneMain Auto) is an auto financing company that operates as a unified lending platform offering auto loans to consumers in the 525-725 credit range. The core product includes direct lending services through dealer partnerships (franchise, large independent, and small independent dealers) with loan terms of 36-75 months. The company provides several integrated services: the U-Drive dealer portal for real-time application management and funding, Auto-Pay for automatic recurring payments, E-Statements for paperless account management, and Credit Mentoring for loan cost tracking. Following its acquisition by OneMain Financial in April 2024, the company rebranded as OneMain Auto while continuing to serve its dealer network and consumer borrowers.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• OneMain Financial: Direct parent company of Foursight and the leading U.S. nonprime consumer lender. Offers personal loans, auto financing, and credit cards to similar near prime-subprime borrower segments, with overlapping underwriting and servicing capabilities.
• Ally Financial: Major U.S. auto finance franchise with deep prime and select nonprime exposure through dealer relationships and direct-to-consumer channels. Larger incumbent with overlapping auto lending capabilities.
• Capital One Auto Finance: National indirect auto lender with broad credit spectrum coverage including near-prime. A large incumbent competitor with overlapping dealer-distributed auto finance offerings.
• CarMax Auto Finance: Captive finance arm of CarMax providing used-vehicle financing to a broad credit spectrum including subprime. Overlaps with Foursight in providing credit to underserved auto buyers through dealer-affiliated origination.

Direct peers

• Credit Acceptance Corporation: Public subprime auto lender operating through a nationwide indirect dealer network with proprietary dealer portal technology. Closest direct comparable in product, customer (subprime), and go-to-market model.
• Westlake Financial: Indirect subprime and near-prime auto lender serving franchise and independent dealers across the U.S. Closely comparable business model, customer profile, and dealer distribution approach.
• Santander Consumer USA: Large U.S. subprime auto finance company (subsidiary of Banco Santander) originating through dealer relationships with focus on near-prime and subprime borrowers — directly overlapping with Foursight's target market.
• Exeter Finance: Subprime-to-near-prime auto lender specializing in indirect dealer financing across the U.S. Closely matched in customer FICO bands, loan terms, and dealer-channel distribution.
• DriveTime: Vertically integrated subprime auto lender and used-vehicle retailer, providing in-house financing to credit-challenged buyers. Comparable in serving the subprime borrower but combines captive dealership model with finance.

Emerging players

• Lendbuzz: Tech-enabled auto lender using alternative credit and AI underwriting to serve near-prime and thin-file borrowers through dealer partnerships. Emerging competitor applying technology-led underwriting in Foursight's niche.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/foursight-capital-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foursight Capital LLC