An advantage in working with our lenders is they will except bi-weekly, monthly, semi-monthly customer contract payment plans.
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.)
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.)
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.)
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.
Because we have high standards, we offer our clients the “no recourse” “no reserve.” program.
Yes, in fact, our lending partners can liquidate an entire portfolio if you wish that arrangement.
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.
No, our company does not require minimum or maximum portfolio restrictions.
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.