What services do you offer auto dealers?

We are brokers. If you have an interest in selling your financed auto paper we may be able to help you get a price quote. Several funding sources may be interested in purchasing your finance auto paper. These funding sources may pay you a discounted percentage on your accounts, and they would begin collecting payments from your customers. After your customers make the first month’s equivalence payment you, the auto dealer, will no longer be responsible for the recourse of the loan.

Will the dealer be responsible for the recourse of the loan?

After the customer makes the first months payment the dealer is no longer responsible for the recourse of the loan.

What does 1st payment default mean?

1st payment default means that if your customer missed the first month’s payment you would have to buy back the account.

What is the total minimum amount I can obtain a price quote for?

Currently there is no minimum, a price quote may be obtained for just one account.

Do my accounts have to be seasoned 90 days?

Most funding sources do prefer that your accounts have been on the book for 90 days, however, we may be able to obtain you a price quote on accounts that have not been on the books for 90 days.

How long does the process take?

The finance company can provide funding in as fast as 3-7 business days. Time may vary depending on how fast the paper work can be put together.

How does your referrals program work?

If you referral an auto dealer to us and we are able to close a deal with them, we are able to pay you a referral fee. For more information about this offer please give us a call.