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SEARCHDealer 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.”
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