Are you a buy here pay here auto dealer, do you offer your customers in house financing?
Did you know you can get a lump sum of money on the payments you are currently collecting
from your customers? A lump sum of cash now in your hand, may serve
you better than slow payments over time.
Here at Water Flow business Brokers we strive to help auto dealers get the best price for their
portfolio with the least hassle to them.
Here’s how it works:
Finance companies may purchase the accounts you are currently receiving payments on.
They may buy these accounts for a discounted percentage, and your customer will begin
making payments to the finance company. Once the customer makes the first month’s
payment you, the dealer, would no longer be responsible for the recourse of the loan. You
will receive your money and the finance company will take over your accounts.
As brokers, we work together with several different funding sources so that we can try to
meet your needs and expectations. Whether you are new to selling your financed auto paper
or if you have sold before, we will strive to earn your business.
Some of the features and criteria for some of the programs include:
Limited Recourse (1st Payment Default)
No minimum amount required.
3 months seasoning is preferred, but not required.
Most types of accounts accepted (Monthly, semi monthly, weekly)
Fast price quotes! (Usually within two
business days)