Partner Program
We underwrite the deal together.
We work together to determine the front end advance, participate amount, deal structure and term. Since we are partner and are sharing the risk and rewards, your total advance is as high as 85% of the amount financed.
Perfect for the deal that does not fit in a legacy point of sale financing program.
Can't prove all the income? Some reason you can't get it funded on a traditional financing program? Use the Partner Program and sell the vehicle.
Eliminate the fees and build a monthly cash flow.
Are you delivering these type of deals on a cash advance program, paying a funding fee and a monthly service fee? The Partner Program does not have any fees, and allows you to keep up to 85% of the amount financed. Not only do you get your front end advance, but now you are receiving monthly payments from the account. As the customer makes a payment, you get a payment! A monthly income stream that might also help with your taxes.
Why are you doing all the work?
Delivering a deal on a cash advance program requires you to sell the car, complete the financing, collect payments from the customer and then submit payments to the cash advance lender. You are doing all the work and the lender is making most of the money. This program allows you to stop doing all the work for the lender AND get an advance as high or higher than you get with a bulk sales. New Deal will service and collect the account and send you a check each month.
Time to deliver a deal, Partner.
Click on the Partner Program Guidelines below and see how it works. Send us a credit application and we will send you a callback that includes the Partner Program deal structure (which is negotiable).