Auto Loan Portfolio Sales
by Admin
Posted on 21-09-2023 03:53 PM
If you’re looking for the most efficient way to build capital for your dealership, it’s to sell your auto loan portfolio on a buy-here-pay-here basis without adding new debt to your business. According to auto note buyers , this method provides dealers with more opportunities to expand their business, such as funding more customers, acquiring new locations, purchasing more products, and more.
In this article, we’ll take a look at the pros and cons for a person or company that sells auto notes with debexpert, so you can maximize your capital in the best possible way!.
Dealer capital partners with other industry experts to provide the level of consulting services you need and can afford. An initial assessment is conducted to identify areas of weakness or areas needing improvement in your business and to then develop a plan to implement improvements. Establishing policies, procedures, job descriptions and training for everyday bhph operations, ensure regulatory compliance in both sales and loan originations, establish proper accounting and data management systems (dms) and portfolio analytics encompass some of our consulting services offered.
Effect of Capital for Buy Here Pay Here Dealerships
December 03, 2021
at some point in the growth phase of a buy-here-pay-here auto dealership, it will inevitably happen: cash flow problems will start hindering expansion. This can happen relatively early on, or it can happen after years of established operation. However and whenever they manifest, there is but one solution to solve all cash flow problems. That solution is capital. But, not all capital is created equal. For buy-here-pay-here dealerships that have assets to leverage, funding opportunities abound.
In this article, we’re taking a closer look at five of the most common capital sources and evaluating the pros and cons associated with each.
Selling a portfolio of buy here pay here notes is known as a buy here pay here bulk purchase. Companies that buy buy here pay here notes are auto portfolio buyers. Buy here pay here portfolio purchasers buy your bhph notes from you. This allows the dealer to have instant cash flow now rather than waiting for the notes to pay out over time. Allowing them to cover expenses, purchase more inventory and do what they do best. Sell more cars. Sell bhpp notes save on collection costs, and reduce your risk.
Dealer services - amp - bhph note program get amped up with the dealers capital amp program. This program has been designed for used car dealers with a buy here pay here (bhph) portfolio. Dealers capital advances up to 90% of your notes on day one making you immediately whole again. By immediately freeing up capital you have tied up in your inventory you can then buy more vehicles for your used car lot. This type of car note financing can help fuel growth for a growing used car dealership. Dealers capital has been providing car note financing services to used car dealers.