FAQs 2017-01-15T17:45:00+00:00


Frequently asked questions about auto note sales, when to sell and why to sell them. Learn more on how to turn your BHPH receivables into liquid cash to grow your business. If you prefer a personalized 1:1 session, contact us today to schedule a professional consultation by AutoNote Solutions.

What does AutoNote Solutions lenders offer in terms of payment frequencies? 2016-05-05T04:59:25+00:00

An advantage in working with our lenders is they will except bi-weekly, monthly, semi-monthly customer contract payment plans.

In terms of the time line involved to obtain funding from our banks and or finance companies, what can our dealership or finance company expect? 2016-05-05T04:59:25+00:00

Because we know how important it is to meet your cash flow concerns, our company has a reputation for seeking funding on a timely matter and in most cases we can secure funding on a nearly immediate basis. (Our Typical funding after the LOI (Letter of Intent is signed usually takes 5 to 7 business days based on our experience over 40 years the deal is usually closed.)

Does Auto Note Solutions lending partners have any mileage or purchase restrictions? 2016-05-05T04:59:26+00:00

Unlike some of our competitors, our lenders have no restrictions concerning a vehicle’s mileage, the types of vehicles; (But these factors can determine you bottom line pricing.)

What can your lenders staff do to assist our company in building repeat business customers? 2017-01-15T17:45:01+00:00

Our lenders professional staff will work with you and your staff to provide advice on effective ways to generate repeat business (They will provide your dealership with excel reports showing your customers payment histories, updated phone numbers and most important 3 to 4 months before the contract is paid off they will send you a report outlining the customers that are reaching the end of their loan so you can communicate with them and see if they would like to trade their vehicle in and purchase and new vehicle through your establishment.  This they will gladly do as they want your business to continue to grow which will eventually build a long and lasting relationship with the lender.)

Is my dealer finance manager responsible for negotiating with the banking and finance lender? 2017-01-15T17:45:01+00:00

The Auto Note Solutions sales team of professionals are very experienced at negotiating the best possible price on the behalf of our clients (But at any time our clients can communicate our lending partners to negotiate a better price or even ask questions directly with our lenders.)  Auto Note Solutions is a fully transparent company.

What are the top auto programs our lenders offer to dealerships? 2017-01-15T17:45:01+00:00

Because we have high standards, we offer our clients the “no recourse” “no reserve.” program.

Is it possible for Auto Note Solutions lending partners to liquidate a portfolio? 2016-05-05T04:59:26+00:00

Yes, in fact, our lending partners can liquidate an entire portfolio if you wish that arrangement.

Does Auto Note Solutions lending partners purchase a diverse auto portfolio? 2016-05-05T04:59:26+00:00

AutoNote Solutions lending partners can purchase nearly any auto portfolio, such as:  rental car portfolios, prime and deep subprime (also known as Buy-Here-Pay-Here our lenders can also purchase finance company paper and RV note receivables.

Does AutoNote Solutions have any portfolio restrictions? 2016-05-05T04:59:26+00:00

No, our company does not require minimum or maximum portfolio restrictions.

How is it possible for AutoNote Solutions to secure top dollar for a dealership or finance company auto note receivables? 2017-01-15T17:45:01+00:00

Our Company has established significant credibility in the buying market with our lenders, and as a result, we have had the opportunity to work with some of the nation’s highest ranking banks, investors and finance companies.