We Purchase Auto Paper Portfolios
For America’s small auto dealers, finding suitable Loan Portfolio Financing in today’s economy can be challenging to say the least. At Cenric Group Inc, however, our commercial finance desk works closely with multiple specialized auto finance providers which can assist small auto dealers in cashing out their subprime portfolios, establishing a line of credit for future sub-prime loans and leases, as well as establishing a Floor Plan Financing Facility for vehicles in the showroom and inventory.
Dealer Qualifying Criteria
Our minimum Floor Plan Financing Facility is $25,000. Facilities in excess of $250,000 may require additional collateral in the form of real estate. The advantages of your Floor Plan Facility provided through Cenric Group include:
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