News & Events
- Ford's Latest Financing Incentive: Paying Debt
- Ford Motor was scheduled Wednesday to make a debt payment of $860 million in cash or stock. Ford chose to pay cash. But it also prepaid one outstanding bond entirely. All in all, Ford is paying $4 billion in cash to cut its debt load.
- Car Dealers' Tactics Inline with Subprime Lenders
- Twenty former auto dealership whistleblowers in Arizona, California, Florida, Hawaii, Illinois, and Michigan say they saw questionable practices such as falsifying information on loan documents to boost sales – a practice lately associated with the subprime mortgage meltdown.
- Car Dealers Will Face Tougher FTC Regulations
- Car dealers are close to winning their battle to avoid oversight by a new federal consumer financial protection bureau but elation over the victory may be tempered by Democrats’ plan to give more rulemaking horsepower to their current regulator, the Federal Trade Commission.
Welcome
to eDealer financing!
Our name says it all... Dealers Financing for independent automotive dealers! We are a group of automotive professionals who has been in the car business for years. We understand the challenges that you face as an independent auto dealer and we are here to HELP YOU SUCCEED!
We offer an array of financing options, terms and services designed to assist the independent dealer increase both their efficiency and their profits. Through our strategic relationships with the nation's top financial institutions, we know what it takes to get your loan approved and we are willing to help you every step of the way.
5 Tips To Get An Auto Loan For Extremely Bad Credit Individuals!
Let's face it, you are in the business to sell cars. Nothing is more frustrating than finding willing buyers with less than perfect credit and not being able to get the deal financed. This frustration has become all to familiar for independent dealerships who are fighting just to stay alive.
The good news is that there are several proven steps that you can take to help maximize your chances of getting your loan approved, even if the buyer has bad credit. The secret is to know what auto lenders are looking for and how to turn that into your advantage.
What Auto Loan Lenders Look at (Hint: It's NOT Just Your Credit Score)
It's no big secret that auto lenders are looking for someone who is going to pay back the money that they borrow when financing a car, but knowing the key factors that lenders look for in an application makes all the difference in your being accepted or turned down.
The truth of the matter is that the factors use to determine eligibility of the loan can vary tremendously from lender to lender, but most lenders tend to rely on the following: