Dealer Capital Launches New Auto Loan Purchase Program
Dealer Capital is launching a new auto loan purchase program. The rollout is nationwide and aims to cover most sizes and types of auto portfolios.
BOYNTON BEACH, Fla. — Dealer Capital LLC, a funding source for independent automobile dealers in the United States, announced the launch of a new auto loans purchase program.
The company is a nationwide auto note buyer that has no restrictions on the size or the types of auto portfolios it purchases. Their programs are designed for independent auto dealers, franchise dealers, auto finance companies and any other party interested in selling auto note bulk paper portfolios.
“We have partnered with the nation’s premier banks, finance companies, credit unions and private investors to offer our clients the most profitable deals possible in today’s subprime market,” said Bill Campbell, CEO at Dealer Capital LLC. “Our goal is to earn our clients with honesty, integrity and customer satisfaction.”
The finance firm specializes in all auto bulk portfolios, ranging from prime auto paper to deep subprime auto paper (BHPH) and even auto lease portfolios. The company has the ability to advance more than 105% of the principal balances on prime auto bulk portfolio purchases and up to 90% of the principal balances on subprime and buy-here, pay-here auto portfolios for qualified candidates.
“We are the top buying source in the market when it comes to purchasing auto bulk paper,” Campbell claimed. “We can offer our clients top dollar for their bulk car notes quickly and securely providing immediate cash flow.”
More Auto Finance
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →