DEALERS LENDERS SOLUTIONS
Founded in 2018, DEALFI is a virtual F&I office that has helped over 300 independent dealerships all over the Midwest sell more cars, more products and make more money. DEALFI has access to a network of lenders that provide full-spectrum financing options, from deep subprime, open bankruptcies, and first-time buyers to prime customers with competitive credit union rates across the board.
What is DealFI
-
DealFi is a virtual finance department that gets you access to: CUDL and National Lenders who only who typically only work with Franchise stores.
-
DealFi does all the underwriting and the lender stipulations, to ensure the deal is done correctly.
-
DealFi will even pitch and sell service contracts and GAP to the customer.
-
Dealfi Works the deal from beginning to end. The dealer just needs to perfect the title/title work.
-
DealFi partnered with DocuSign, so everything is done paperless!
-
DealFi pays the dealer, and the lender pays DealFi
-
Payment received after 24hrs of dealing being “Funded” in system
-
-
Only $299 per deal funded. No monthly or hidden fees.
-
If the deal unwinds, there is no cost to the dealership!
-
Lender Stipulations: Good Guideline
-
450+ Credit Score
-
$1500 minimum income
-
First time buyer ok
-
3 months bank statements work as poi
-
Interest Rates:
-
CUDL rates
-
SUB PRIME RATES: 4%-17% and 11%-24.99%
-
Vehicle Pricing/Advance:
-
140% JD Power Retail/ NADA & 160% KBB Wholesale