Step 1. Complete all fields on the form on the "Get Started" page
and click "Submit". Please ensure that all information is correct to
the best of your knowledge. Please make sure to complete your
preferred contact method. (Takes less than 2 minutes)
Step 2. One of our associates will contact you via the preferred
method you have chosen or by the secondary options you've
chosen. Our representative will set up a time that is most
convenient for you to allow us to export your portfolio and to discuss
your needs so we will be able to provide a better service to you and
find the right lenders for your needs. (Takes less than 5 minutes)
Step 3. Then we'll submit your customer data file to the each of our
lenders based on each lenders requirements. (For example: some
lenders only purchase contracts with 21 months or less remaining
term while others may go up to 60 months).
Step 4. Once lenders have received your customer data files they
review your portfolio and base their offers on the following risks:
customers credit history, job & residence stability, debt to income,
payment amount, apr, loan to value, remaining term, and actual
cash value of the collateral and return on investment. (Using our
remote submit option our lenders are able to return an offer with
24 to 72 hours.)
Step 5. We should receive offers back to present to you within 24 to
72 hours. We will contact you and review all of the options available
to you in selling your portfolio.
Step 6. After you decide which offer best suits the needs of your
dealership our associates will then serve as a liaison between your
dealership and the buying lender. At your request we'll assist you
through every step of the way.
Step 7. At this point you will in most cases sign a letter of intent and
then be notified on what copies of miscellaneous documents you
will need to submit to begin the verification process (this will vary by
lender).
Step 8. After due diligence and verifications have been completed
on all deals that were verifiable and meet the lenders guidelines all
titles and loan paperwork will be reassigned to the lender and then
the lender will fund the dealership directly.
and click "Submit". Please ensure that all information is correct to
the best of your knowledge. Please make sure to complete your
preferred contact method. (Takes less than 2 minutes)
Step 2. One of our associates will contact you via the preferred
method you have chosen or by the secondary options you've
chosen. Our representative will set up a time that is most
convenient for you to allow us to export your portfolio and to discuss
your needs so we will be able to provide a better service to you and
find the right lenders for your needs. (Takes less than 5 minutes)
Step 3. Then we'll submit your customer data file to the each of our
lenders based on each lenders requirements. (For example: some
lenders only purchase contracts with 21 months or less remaining
term while others may go up to 60 months).
Step 4. Once lenders have received your customer data files they
review your portfolio and base their offers on the following risks:
customers credit history, job & residence stability, debt to income,
payment amount, apr, loan to value, remaining term, and actual
cash value of the collateral and return on investment. (Using our
remote submit option our lenders are able to return an offer with
24 to 72 hours.)
Step 5. We should receive offers back to present to you within 24 to
72 hours. We will contact you and review all of the options available
to you in selling your portfolio.
Step 6. After you decide which offer best suits the needs of your
dealership our associates will then serve as a liaison between your
dealership and the buying lender. At your request we'll assist you
through every step of the way.
Step 7. At this point you will in most cases sign a letter of intent and
then be notified on what copies of miscellaneous documents you
will need to submit to begin the verification process (this will vary by
lender).
Step 8. After due diligence and verifications have been completed
on all deals that were verifiable and meet the lenders guidelines all
titles and loan paperwork will be reassigned to the lender and then
the lender will fund the dealership directly.
How We Do It
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