LINES OF CREDIT PROCESS

AutoNote Solutions provides customized revolving lines of credit. Our lenders will look to see a detailed cash flow analysis, when it comes to pricing for a line of credit many lenders will look to see static pool analysis to price a Line of credit. At AutoNote Solutions we have the experience and the expertise needed to place you with the right lender that will help your business grow and thrive. Our job is to net you the highest advance available in today’s market and still keep your interest rates low.
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OUR COMMITMENT TO OUR CLIENTS WHEN IT COMES TO PRICING AND ANALYTICS

  • To our Borrowers: AutoNote Solutions is committed to matching our clients through our detailed analysis we will place our clients with the right lender to build a brighter future for your business.
    Each deal is unique in it’s own way, we strive to customize our clients deal to meet their business needs. Our AutoNote Solutions team of seasoned professionals is standing by to explain and walk you through our process more in more detail.
  • To Our Lenders:  AutoNote Solutions will perform needed due diligence on cash flow analysis for our borrowers and will provide detailed borrowing base analysis to insure our lenders that there is enough cash flow to satisfy the interest payments to the lending institution.  AutoNote Solutions can assist in the evaluation process by evaluating a portfolio in which we can give feedback to our lender, which can help them to make a valid decision in the event that there is a borrower default.  Our position is to help assist our lenders in making strong long term goals which will allow our lenders the ability to get out of the paper quickly and minimize their losses in the event the borrower defaults.

BENEFITS TO OUR CLIENTS

  • In certain cases Dealer can Retain Servicing & Collections
  • Immediate Positive Cash Flow
  • Monthly Positive Cash Flow
  • Capital to Obtain Replacement Inventory
  • Allows you the ability to grow your portfolio

OUR PROGRAM FEATURES

  • Loan amount as low as 1 million to 50 million U.S. Dollars
  • Loan terms from 12 to 36 months
  • Advance rates which range from 40% to 70% of the Principal Amount Financed
  • Interest rates can vary depending on Line of credit size and the borrowers credit and the ability to pay
  • The collateral must be perfected for our lenders to secure interest in the financed receivables

REQUIRED DOCUMENTS

  • 2 years of business tax returns
  • 2 years of year to date P&L’s and Balance Statements
  • Current personal financial statements
  • 2 years of personal tax returns

If you are interested and you would like more information on our Line of Credit program please apply online or call us at 305.851.3700.

LET’S WORK TOGETHER

We have over 40 years experience working with leading financial institutions in the United States and in order to provide our clients the highest service and help them obtain a healthy line of credit.