Is Automobile Note Financing?
automobile note is a promissory
note secured by an automobile. Typically,
automobile notes are packaged together and sold as a portfolio.
Are Automobile Notes Created?
purchase new or used vehicles and they require financing, they qualify
credit worthiness. Individuals that do not fall into the “best” credit
tier (as a result of slow pay,
bankruptcy, etc.) are called sub-prime customers who must obtain financing
investors, or specialized financing companies. Most often a higher rate
than prime customers
pay is charged.
Can Benefit from the Financing of Automobile Notes?
dealer that sells cars on the basis of dealer financing typically does
not want to wait three to
to get paid. They will need the money in a lump-sum to purchase additional
taxes, expenses, etc.
you sell cars? Do you have a portfolio of auto notes that you need to
sell? Contact us for
are the Portfolio Requirements?
should be minimum $50,000.00.
should be Performing Auto Contracts
Seasoned Auto Contracts (at least three months payments collected)
What Information or documentation is needed?
To receive a quote
Spreadsheet of Contract Data is required.
Once a purchase offer has been accepted
FREE, No Obligation Consultation!
Contact the Professionals Today 800-915-1990