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MidAtlantic Finance Portfolio Acquisition

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IN THIS ARTICLE:

  1. What is MidAtlantic Finance?
  2. How do I get started?
  3. How does it work?
  4. How do I disable the integration?
  5. Get more help

 

What is MidAtlantic Finance?

At MidAtlantic Finance, we understand the unique challenges and opportunities you face as an independent auto dealer. Our Buy Here Pay Here (BHPH) portfolio acquisition service is specifically designed to offer financial flexibility, reduce risk, and streamline operations, ensuring your dealership not only survives but thrives in today's competitive market.

Any Portfolio, Any Size, Any Condition:

  • All Portfolio Sizes: Whether you're a small dealership with a modest number of accounts or a larger operation, we're interested in portfolios of all sizes.
  • New and Aged Accounts: We see the value in both freshly originated loans and those with a history, recognizing the potential in each.
  • All Payment Frequencies: Weekly (W), Bi-weekly (B), Semi-monthly (S), or Monthly (M) payments? We accommodate all, ensuring a seamless transition.
  • All APRs and Branded Titles: Diverse interest rates and vehicle conditions, including branded titles, are fully accepted.

Enhanced Benefits:

  • Fast Pricing and Same Day Funding: Time is money, and we're committed to providing fast pricing evaluations with the possibility of same-day funding upon the receipt of original contracts and titles. This swift process ensures that you can reinvest in your dealership without delay.
  • Superior Customer Service: Our relationship with you doesn't end post-transaction. Expect superior customer service during and after the deal, ensuring a smooth transition and ongoing support for any queries or needs that arise.

 

How do I get started?

Getting started with MidAtlantic Finance is straightforward.

Go to Settings --> BHPH page --> BHPH Management tab

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Once you have established an account with MidAtlantic Finance, you can log into DealerCenter and enter your enter the MidAtlantic ID (CMS ID#) and click the Enable Mid‐Atlantic Feed button. Please contact MidAtlantic Finance at (866) 423-5487 if you don't know your ID:

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Next, select the Enable Mid-Atlantic Feed button. You will see a message confirming that you want to send your BHPH loan data to MidAtlantic Finance. Selecting Yes will confirm the data feed and all of your active loans will be sent to MidAtlantic Finance in the background:

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How does it work?

Once the integration is set up, your loan data will be transmitted quickly. Regular nightly updates will then maintain the currency of your loan data on MidAtlantic Finance, ensuring buyers have the latest information.

 

How do I disable the integration?

You can disable the MidAtlantic Finance feed at any time. This stops the nightly updates but retains all data previously sent to MidAtlantic Finance.

 

Get more help

For additional support or if you have any questions, please don't hesitate to contact Mid Atlantic Financial at (866) 423-5487. Also, for a detailed overview of our services and how we can assist you further, see the attached document provided for more comprehensive information.