After approval, Dealers can sell a portion of their existing deals.
Deals can be sold for:
Weekly, bi-weekly and monthly payments accepted. Example:
$10,000 note collecting x 48 months at approximately $305 per month Average transaction is 10 contracts similar to the above example for a total advance of $19,215 Dealer is then able to continue making all profits after 9 months or sell some more months depending on circumstances. After the dealership is approved, they are sent funding packages with draft checks. As deals come up, they are reviewed and the dealer is issued an authorization number and is funded.
Floor Plan Financing | Portfolio Acquisition
| Payment Stream |
Broker/Agent
Diversified Dealer Services, LLC d/b/a Diversified Auto
Funding
Copyright © 2001-2002 Diversified Dealer Services, LLC
d/b/a Diversified Auto Funding. |
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