Three years after shutting down its indirect automobile lending unit because it lacked scale, First Niagara Financial Group (FNFG) in Buffalo is jumping back into the business in a big way.

The $33 billion-asset company announced Wednesday that it has established a new unit that will provide car financing through dealerships across the Northeast. More than 400 dealers have already signed on as partners and First Niagara said it expects to be working with 1,500 dealers within the next two years.

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