Discover the Secret of Unlocking the Cash In your Auto Notes.
This Secret will provide unlimited funds for your business while generating no debt to repay, like a loan would. Even better getting this cash can occur faster than any loan process. Getting this cash does not depend on your credit and you may qualify with even a short time in business. And more cash can be obtained easily anytime in the future.
Factoring Auto Receivables
The definition of factoring is the purchasing of accounts receivable at a discount. A factor is a person or business that pays immediate cash for business receivables.
Factoring is not a loan with interest due, it is the purchase of an asset (contract) for which a discount is paid.
Cash from factored car notes allows the dealer to meet other regular business needs such as:
- Meeting Payroll
- Paying Taxes
- Purchasing Supplies
- Replacing Needed Inventory
Selling your car notes is a dependable means of providing capital for your business needs.
A simple way to determine how selling your car notes can improve your company’s cash flow is to answer this question: “If my dealership had all the cash on hand I needed, what would I do with that cash?”
You would probably answer some or al of the above, meet payroll, purchase inventory, pay bills, pay taxes and so on.
If you have car notes, factoring those notes may very well be the answer to raising Capital you’ve been looking for.
If you are thinking about selling Auto Notes you probably have a lot of questions.
“How many accounts can I sell at a time?”
“What is the recourse period on the Auto Notes I sell?”
“How much seasoning is required for the auto notes?”
“How long does it take to get funded?”
At Financial Solutions we have helped thousands of Dealers that wanted to sell their Auto Notes. And we are confident we can help you, give us a call and let us show you how EZ it is to Turn Your Auto Notes into CASH!