Auto Loan / Lease Portfolios

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.

- Preferred loans where the cars have the GPS locators on them but this is not necessary.

- With Loan interest rates that are at or close to the state maximum.

- Loans that are paid monthly and for an original term of around 3 years.

- The vehicle sales are at realistic values including down payments of about 10%.

- The Loans are being paid and are current (although some investors purchase bankrupts).

Selling SECA Funding Company your Auto Loan or Lease Portfolios is always a good business move.

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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.

Selling SECA Funding Company your Auto Loan or Lease Portfolios is always a good business move. Read More »