Is the advance from the lender not enough to deliver the deal with the cash down you have? Our deferred down payment program can help you earn additional revenue on the deal when your callbacks are limited.
You can offer your customer a deferred down payment up to $1200 on the deal, allowing you to generate the money you need to put the deal together.
We will advance you 75% of the deferred down payment amount at the time of contract funding, and we will collect the payments from the customer. This is an easy way to increase your profit on the deal without any additional work.
The deferred down payments can be stretched out over 3 payments, and the first contractual payment is not due until the deferred down is paid. This make the option affordable for your customer.
The deferred down payment does not reduce your advance - your callback is the same with or without the deferred down. The deferred down allows you to earn some additional dollars on the deal.
Our Deferred Down Payment guidelines are attached below. look them over then send us the credit apps on those deals you believe this program will help you deliver.
Deferred Down Guidelines (pdf)
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New Deal Auto Acceptance
1156 Cassat Ave, Jacksonville, FL, 32205
904-783-8391 newdealacceptance@gmail.com
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