This is default featured slide 1 title
You can completely customize the featured slides from the theme theme options page. You can also easily hide the slider from certain part of your site like: categories, tags, archives etc. More »
This is default featured slide 2 title
You can completely customize the featured slides from the theme theme options page. You can also easily hide the slider from certain part of your site like: categories, tags, archives etc. More »
This is default featured slide 3 title
You can completely customize the featured slides from the theme theme options page. You can also easily hide the slider from certain part of your site like: categories, tags, archives etc. More »
This is default featured slide 4 title
You can completely customize the featured slides from the theme theme options page. You can also easily hide the slider from certain part of your site like: categories, tags, archives etc. More »
This is default featured slide 5 title
You can completely customize the featured slides from the theme theme options page. You can also easily hide the slider from certain part of your site like: categories, tags, archives etc. More »
Introducing High LTV Auto Dealer Financing Using Enterprise Value
This product is ideal for those dealers who are looking to rapidly expand their business by allowing them to obtain loans in excess of 100% of their real estate value. Unlike conventional lenders, Auto Dealers Capital is able to provide financing against a dealership’s goodwill or reputation, also referred to as the Enterprise Value, allowing borrowers to benefit from higher loan amounts which are typically unattainable with traditional financing venues.
Why is the High LTV program unique?
- Enterprise Value takes into consideration a dealership’s market penetration, profitability, franchise strength, and future performance to allow loans to be underwritten up to 150% of the real estate value.
- Ability to generate proceeds in excess of that provided by traditional lenders and/or captive finance companies, who typically will not lend above 85% LTV, even for larger dealers.
- Individually customized loans for the dealer’s specific needs work to unlock the long-term value of their investment without exposure to unreasonable risk. Usually, full personal guarantees are only required for the loan amount portion in excess of the real estate value.
What are the benefits of the program?
High LTV (Loan To Value) Auto Dealer Financing is essential for dealers looking to gain working capital to take advantage of any of the following expansion opportunities:
- Acquire other dealerships to increase market share, maximize brand awareness and increase profitability along with satisfying other future capital needs as they occur over time.
- Create Employee Stock Ownership Plan (ESOP) for tax benefit advantages and increased personal liquidity while maintaining operating control.
- Reduce financial risk by refinancing short-term debt with variable interest rates to long-term debt with fixed interest rates.
- Eliminate needing or adding partners or to gain control by buying out existing partners.
- Increase customer satisfaction by improving facilities and providing new services and technologies or even for the purchase of the underlying dealership real estate.
Reducing The Auto Loan Rates
There was a time when the most of the car loan borrowers used to focus on the monthly payment and nothing else. Times have changed drastically and a penny saved is a penny earned. Most of the car loan borrowers have realized the impact of the interest rate on the pay back sum. This is the reason why many car loan borrowers seek best low interest auto loan before signing the papers to avail the car loan. Some of the prominent strategies to reduce the car loan rates are as follows:
Timing:
There are times when the car dealer is impatient to get rid of the new car before it depreciates in the show room without even coming on the road. This usually happens at the end of year. The ending of the month is the period in which the car dealer has to make up for the monthly expenses. The month ending and the year ending are the two periods when the car dealer would be ready to offer maximum discount and consequently the best low interest rate car loan.
Credit score:
If you have a good credit score you are at a vantage point and demand for reduction in the rate of interest because nowadays the number of good credit car loan applicants is very meager. If you have bad credit most of the lenders would like to charge you with higher rate of interest. This can be averted and the rates of interest can be reduced by getting a good credit cosigner, making a large sum of payment in advance also known as down payment, assuring the monthly payment by submitting proof of regular income through a stable job and finally pawning the home equity or the car as the collateral. Whether good credit or bad credit, the car loan lenders want the risk of repayment to be lowered and if this is done they are usually ready to reduce the rate of interest.
Comparison and negotiations:
Most of the car loan lenders have websites and are always ready to furnish you with a free car loan quote on request. The response of various car loan lenders can be compared and you can come to know about the best low interest auto loan. The responses can serve as a platform for negotiating the reduction in the rate of interest. The above mentioned issues can also help you to avail the best used car loan rates