No. However, because our program will help the dealer deliver more units per month, your sales will increase. We will approve applicants that other lenders will not, which in return will allow the dealer to sell more vehicles.
Provided that a complete application has been submitted, we will typically provide a disposition within two hours. While most prime lenders provide an answer instantaneously, our program requires a much greater level of due diligence. Our program is not FICO score driven. We are placing a much greater emphasis on the applicants’ employment experience and stability, as well as the loan-to-value ratio.
Provided that a complete funding package has been submitted, we will fund the deal within 48 business hours. We can wire the funds via ACH or send a check via FedEx.
a. Dealer’s Credit Application, signed by buyer
b. Yellowstone Commercial Capital Supplemental Credit Application
c. Driver’s License
d. TLC License
e. Credit Report
Our fax number is 201.414.5031.
No. Ours is a 100% Non-Recourse program. The only exception is in the event of dealer fraud (i.e. true name fraud, salvage vehicles, odometer fraud, etc.).