With the cooperation of the dealer we can successfully fund the purchase of their Auto Loan Portfolio or Auto Lease Portfolio in 48 to 72 hours, generally with everyone’s cooperation, a portfolio can be sold and funded in no more time than a week.
A dealer can expect a bid from the low 70% to the low 80% and sometimes to the low 90% of the remaining balance of the portfolio.
Auto loan and lease portfolios play a vital role in the automotive industry, enabling dealerships to sell vehicles to a broader range of customers and generate additional revenue streams. By selling their portfolios, dealerships can unlock capital, reduce risk exposure, and focus on their core business activities.
Unlocking Value: A Comprehensive Guide to Selling Auto Loan and Lease Portfolios Read More »
We here at SECA Funding Company are interested in portfolios with principal balances of around $50,000 to $100,000 minimum, yet the sky is the limit. If your portfolio is close to this minimum we’d like to review your portfolio. Referred to by many names Buy Here/Pay Here Paper or Portfolios or Car Loan Portfolios or Auto Loan Portfolios or Leases; SECA Funding Company can purchase these portfolios and provide the owner/dealer with much needed cash.
