Auto Paper Portfolios

We Purchase Sub-Prime Auto Loan Portfolios

For America's small auto dealers, finding suitable Loan Portfolio Financing in today's economy can be challenging to say the least. But we can help.  Our commercial finance desk works closely with multiple specialized auto finance providers and can assist small auto dealers in cashing out their sub-prime portfolios, establishing a line of credit for future sub-prime loans and leases, as well as establishing a Floor Plan Financing Facility for vehicles in the showroom and inventory.

 Dealer Qualifying Criteria (Floor Plan Financing)

For Floor Plan Financing, you must...

·         Be A Licensed Used car Dealer  -  No Wholesalers

·         Been In Business For a Minimum of 1 year

·         Have An Area Residency of 2 Years

·         Have a Minimum Annual sales Volume of 500K

·         Own Your Business Property Or Primary Home

·         Have an Empirica Score of at Least 650

·         Have Acceptable Bank & Trade References

·         Have Less than 25K in Credit Card debt

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Our minimum Floor Plan Financing Facility is $25,000. Facilities in excess of $250,000 may require additional collateral in the form of real estate.