Get Bulks of Cash for selling your Bulk Auto Notes to an Experienced Buyer!

Selling your bulk car notes to an experienced note purchaser will undeniably help you put cash in your pocket so that you can invest more into new inventory. Instead of going through a long process with the bank, if you choose the right auto note purchaser, you can have cash flow in about two weeks or less. There are a few different advantages – you can expand your businesses faster, save more cash, and avoid paying banks monthly installments.

Some dealers ask…"why should I sell my automotive paper to a bulk car note buyers?" Well the answer to that is simple, cash is worth more today than tomorrow. This is on the grounds that you can take your cash and put it else where in the business such as more inventory, purchase another dealership or even invest in hiring more employees that can help you offload your current inventory.

To get the best deal if and when you decide to sell, one must do their due diligence and locate an experienced car note purchaser. Once you do that, the job is easy because now you only have to say that "I want to "sell my bulk notes" and he or she can give you best deal for your notes and let you know about your choices. There are many companies and financial specialists out there that claim to offer the best deals, so before you make a decision, check out their references, research their services on their website and even check the web for reviews to ensure you’re in good hands.

Most experienced note buyers will have a process setup like so:

1. Introduction: First you will setup a short phone call in order to find out exactly what your goals are. The note buyer will then present to you the best program(s) that meets your needs.
2. Qualification: After the qualification process is complete, they will then request an Electronic Data File from your accounts receivable in order to move to the next step.
3. Negotiation: The financial specialists will then reach out to potential buyers to get you the best deal possible.
4. Finalize: Within 24-48hrs, you should receive a Letter of Intent from a potential buyer which clearly explains the terms and rates of the agreement.

If you engage a car note buyer and his or her steps don’t align with the ones above, you should question the individual on the other end of the phone. Although the goal is to get cash for your auto notes, a dealer should put his or herself in a position to get the most possible cash and sell to someone that has a network of good buyers that will pay the top dollar. One should be smart, not greedy.

Again, finding the right financial specialists take time. It would be advantageous for any dealer to the proper research in order to find the right candidate that will get them bulks of cash their auto notepaper.

Dealer Capital is your one-stop shop for the most superior cash flow products and services available nationwide. Contact us today at (877) 255-9980.