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We Purchase Consumer Auto Paper Portfolios
For America's small auto dealers, finding suitable Loan Portfolio Financing in today's economy can be challenging to say the least. At Sashi & Company Investments, however, our commercial finance desk works closely with multiple specialized auto finance providers which 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)
- Have a Minimum of 1 year in Business
- Have Resided in Your Area for 2 Years or Longer
- Have Minimum Annual Sales of $450,000
- Own Your Own Home or Property
- Have an Empirica Score of 650 or Greater
- Have Acceptable Bank and Trade References
- Not Have Credit Card Debt Exceeding $25,000
Advantages of Our Floor Plan Financing
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. The advantages of your Floor Plan Facility provided through Sashi & Company Investments include:
