The insurance firm is mainly known for its high-interest car loans for buyers with low credit scores.
“It’s what we do,” Hankey toldCNN.
“I’m happy to do it.
We would have done it for anybody else.
It was an easy transaction.
It was put together very quickly.”
Axos Financial has lent former President Donald Trump hundreds of millions of dollars starting in 2022.
The total cost of the loan was $225 million.
Axos also provided $190 million to facilitate a sale of Trump’s International Hotel in Washington, D.C.
Per CNN, Hankey was not aware of Axos' 2022 dealings with the ex-POTUS.
The Malibu businessman also confirmed that he planned to support Trump in his re-election bid in 2024.
