What Woodside Credit does

Woodside Credit, LLC is a Newport Beach, California-based specialty consumer finance company that originates simple-interest loans for classic, exotic, and collector vehicles. Founded in 2003, the company lends between $10,000 and $1,000,000 with terms from 96 to 180 months, designed to produce lower monthly payments than conventional bank auto loans on high-value vehicles such as Ferraris, Lamborghinis, McLarens, classic American muscle, JDM imports, and pre-war collectibles. Borrowers apply through an online Quick Quote tool (no credit impact), e-sign documents remotely, and complete virtual vehicle inspections for loan verification. The lending platform integrates directly with Barrett-Jackson's auction systems to display live, real-time estimated monthly payments on auction block screens during bidding.

The company's customer base spans individual enthusiasts across all 50 US states, more than 2,000 partner dealerships nationwide, and bidders at Barrett-Jackson auctions where Woodside has been the exclusive collector-car lender since 2013 under a 4-year endorsement signed in August 2021. Distribution channels include a nationwide field-sales team, an onsite presence at every Barrett-Jackson event, direct-to-consumer digital and phone channels, and embedded payment calculators on collector-car marketplaces such as AutoTrader Classics, PCA Mart, ClassicCars.com, duPont Registry, and Hemmings. The company holds a California Finance Lender License (#6039423), NMLS #960841, and a Michigan DIFS license (RL-0025548, effective June 2024).

Woodside Credit generates revenue primarily through interest income on its loan portfolio plus ancillary fees (e.g., $195 prior to auction or $295 after for a Bank Letter of Guarantee, TT&L financing options, and an ACH AutoPay discount of 0.50% on rate). By 2023, cumulative loan originations had exceeded $4 billion, with $500 million originated in 2023 alone — the 15th consecutive year of growth. The company was ranked #15 on the Orange County Business Journal's Fastest-Growing Midsize Private Companies list based on 62.1% revenue growth from July 2019 to July 2021. Operations are conducted from a single headquarters in Newport Beach with a headcount reported in the 11–50 range, supported by regional district managers and a multi-state licensing footprint.

Name

Woodside Credit

Legal name

Woodside Credit, LLC

Website

https://woodsidecredit.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Woodside Credit is a specialty consumer finance company that originates simple-interest loans ($10K–$1M, 96–180 month terms) for classic, exotic, and collector vehicles, serving individual enthusiasts and 2,000+ dealers nationwide as the exclusive Barrett-Jackson auction lender.

Ownership category

akta.pro rank

Product category

Specialty Auto Lending (Collector & Exotic Car Financing)

NAICS

Sales Financing (52222), Mortgage and Nonmortgage Loan Brokers (522310)

akta.pro primary industry

New & Used Auto Purchase Loans (FSAKADAA)

akta.pro secondary industries

Auto Refinance (FSAKADAB), Auto Loan Servicing & Collections (FSAKADAK)

Keywords

• Collector car loans
• Exotic car financing
• Classic car finance
• Specialty auto lending
• Auction car financing

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Auto Loan Interest Income: Woodside Credit generates revenue primarily through interest charged on auto loans. As a specialized finance lender, it originates loans for classic, exotic, and collector vehicles, earning interest income over the life of each loan. Loans are simple interest with no prepayment penalties, allowing borrowers to pay off early without penalty. The company also charges fees such as $195 for Bank Letters of Guarantee prior to auction or $295 after auction begins.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Woodside Credit originates specialty auto loans for classic, exotic, and collector vehicles, offering terms from 96 to 180 months with loan amounts from $10,000 up to $1,000,000. The company lends through its website, a 2,000+ dealer network, and as the exclusive endorsed loan provider at Barrett-Jackson collector car auctions. Loans are simple interest with no prepayment penalties, no balloon payments, and an AutoPay (ACH) discount of 0.50%.

Differentiator

Problem solved

Functional benefit

Products and services

• Classic Car Finance Financing for classic muscle cars, vintage vehicles, pre-war cars, and collector vehicles over 25 years old that are in very good and operational condition. Loans from $10,000 with terms from 96 to 180 months, simple interest with no prepayment penalties. Available to individual enthusiasts and collectors nationwide.
• Exotic Car Financing Specialty financing for exotic vehicles including Ferrari, Lamborghini, Aston Martin, Bentley, Rolls-Royce, and Bugatti. Loans up to $1,000,000 with terms up to 180 months and competitive rates on high-value vehicles. Targeted at affluent individual buyers and collectors.
• Supercar Finance Financing program designed specifically for supercars such as the McLaren 720S, offering extended terms up to 180 months that produce substantially lower monthly payments than typical 72-month bank loans. Same rate for new and used vehicles.
• Quick Quote Payment Estimation No-obligation, no-credit-check payment estimation tool that provides a personalized monthly payment estimate in seconds by entering vehicle details and purchase price. Designed for consumers shopping for classic, exotic, or collector cars to gauge affordability without a hard credit inquiry.
• Collector Car Loan Application Online and phone-based full loan application process for classic, exotic, and collector car financing. Processed through Woodside Credit's website or by calling 949-717-5100 / 800-717-5180 with experienced underwriters. Applications can be completed remotely via e-sign document execution.
• Barrett-Jackson Pre-Approval & Auction Lending Exclusive auction financing program for Barrett-Jackson bidders, providing pre-approvals from $30,000 to $1,000,000, real-time payment estimates displayed on auction block screens, on-site loan document signing, and funding at every Barrett-Jackson event (Scottsdale, Palm Beach, Houston). Includes Bank Letters of Guarantee.
• Bank Letter of Guarantee Flat-fee documentation service for auction bidders. Bank Letter of Guarantee issued at $195 prior to auction or $295 after auction begins, certifying financing commitment for winning bidders at Barrett-Jackson collector car auctions.
• Dealer Loan Program Dealer-facing financing program offered through 2,000+ car dealerships nationwide, enabling dealers selling exotic, classic, and collector vehicles to provide Woodside Credit's loan products to their customers. Supported by regional district managers (e.g., Kevin Vegas for the Northeast) and a dedicated dealer resources portal.
• Loan Refinancing Refinancing of existing classic, exotic, and collector car loans. Offered as part of Woodside Credit's specialty auto lending product suite with terms up to 180 months and simple interest with no prepayment penalties.

Quantifiable outcome

• Up to $1,961/month in payment savings vs. typical bank financing on a $305,000 McLaren 720S (72-mo bank loan at 6.56% vs. 180-mo Woodside at 8.78%)
• +5 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered minor, core and flagship.

• AutoTrader ClassicsminorGTM or Marketing Partner · 1 January 2024Woodside Credit's payment calculator and financing options are featured on AutoTrader Classics, allowing buyers browsing vehicle listings to see estimated monthly payments powered by Woodside Credit.
• PCA Mart (Porsche Club of America)minorGTM or Marketing Partner · 1 January 2024Woodside Credit's payment estimates are available on PCA Mart, the Porsche Club of America's marketplace, enabling Porsche enthusiasts to see financing options while browsing.
• ClassicCars.comminorGTM or Marketing Partner · 1 January 2024Woodside Credit's financing payment calculator is integrated into ClassicCars.com, enabling buyers to estimate monthly payments on classic car listings.
• duPont RegistryminorGTM or Marketing Partner · 1 January 2024Woodside Credit has a partnership with duPont Registry, the luxury automotive publication, with a dedicated Quick Quote landing page for duPont Registry readers interested in financing vehicles featured in the publication.
• HemmingsminorGTM or Marketing Partner · 1 January 2024Woodside Credit partners with Hemmings, the leading classic car marketplace and publication, to provide financing options for Hemmings readers and advertisers.
• Pebble Beach Concours d'ElegancecoreGTM or Marketing Partner · 1 January 2022Woodside Credit served as the Official Sponsor and Collector Car Financing Sponsor of the Pebble Beach Concours d'Elegance in 2022, 2023, and 2024. The company maintains a presence at the Concours Village to engage with the collector car enthusiast community and promote its loan program.
• HagertycoreStrategic or Co-development Partner · 1 January 2021Woodside Credit partnered with Hagerty, the leading collector car insurance provider, to provide a seamless collector car loan experience. Hagerty handles insurance for financed vehicles, with dedicated representatives (e.g., David Neef) coordinating with Woodside's loan process.
• Barrett-JacksonflagshipStrategic or Co-development Partner · 1 January 2013Woodside Credit has been the exclusive collector car loan provider at Barrett-Jackson auctions since 2013, making it the #1 financing partner at the World's Greatest Collector Car Auctions. In August 2021, the companies signed a 4-year exclusive endorsement deal. Woodside Credit provides pre-approvals up to $1,000,000 for bidders, displays real-time payment estimates on auction block screens, and has approved over $500 million in lines of credit to bidders during this partnership. The company's onsite team processes loans at every Barrett-Jackson auction (Scottsdale, Palm Beach, Houston).

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• JJ Best Banc & Co. Specialty lender focused on collector, classic, and antique car financing, offering long-term loans on enthusiast vehicles. Most direct competitor to Woodside Credit in the niche classic-car lending market, with overlapping dealer and direct-to-consumer channels.
• Chelsea Premium Finance: Specialty finance company providing financing for exotic, classic, and luxury collector vehicles. Closely comparable to Woodside in target customer (exotic/collector car buyers), loan structure (long-term specialty financing), and dealer-supported distribution.
• Collector Car Lending (CCL): Specialty lender focused exclusively on collector and classic car loans, with similar long-term structures and collector-vehicle underwriting expertise. Direct competitor in the same niche as Woodside, serving both dealers and individual collectors.

Broad incumbents

• LightStream (Truist): Online lending division of Truist that, among other products, finances classic, exotic, and collector vehicles at competitive rates for prime borrowers. A larger incumbent that competes with Woodside on the same asset class but from a diversified balance sheet and broader consumer loan portfolio.
• Exeter Finance: Specialty auto finance company focused on prime and near-prime auto lending through dealer relationships. Comparable in its nondepository auto lending model and dealer-channel distribution, though less specialized in collector/exotic vehicles than Woodside.
• Westlake Financial: Indirect auto lender serving franchised and independent dealers nationwide with a broad range of credit tiers. Operates in the same nondepository auto lending category as Woodside but with a much wider credit-box and significantly larger balance sheet.
• Ally Financial: Top-five US auto finance company with a large prime auto loan portfolio originated through dealers nationwide. Indirectly comparable as a major nondepository auto lender; competes at the margin with Woodside for higher-credit borrowers purchasing exotic vehicles.
• Medallion Financial: Specialty finance company with consumer and commercial lending segments including consumer auto finance. Comparable as a publicly traded specialty nondepository lender with multi-vertical exposure, though its auto book is broader than Woodside's collector-car niche.

Emerging players

• Hagerty: Leading collector car insurance provider that also operates media, marketplace, and Drivers Club membership services for enthusiasts. Strategic partner of Woodside Credit and a potential vertical expansion candidate; competes indirectly by offering bundled enthusiast services that include financing-adjacent offerings.
• Roadster Capital: Specialty finance provider focused on exotic, luxury, and collector vehicle financing for both consumers and dealers. Comparable niche focus to Woodside but smaller scale and shorter operating history; competes for the same exotic/supercar borrower segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCnw0CJkvIOYXRglRjPQR8vw
• Facebookfacebook.com/WoodsideCredit
• LinkedInlinkedin.com/company/woodside-credit
• Instagraminstagram.com/woodsidecredit/?hl=en
• Xx.com/WoodsideCredit

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Woodside Credit