Brokerage Unit Financing

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Most dealer agreements with indirect lenders such as Nationscredit, prohibit you from financing a unit that is on brokerage contract, consignment or otherwise not part of your inventory. If you offer to finance a brokerage unit you could be in technical violation of your contract with the bank. This could mean that the bank could force you to repurchase the contract from them. On a repossession, this would make the dealer liable for all expenses incurred in addition to the principle amount.
To prevent this costly situation from occurring, we have the ability to finance the customer on a direct basis. This relieves you from any liability of repurchase