MidAtlantic Finance Portfolio Acquisition
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IN THIS ARTICLE
- What is MidAtlantic Finance?
- How do I get started?
- How does it work?
- How do I disable the integration?
- Get more help
What is MidAtlantic Finance?
MidAtlantic Finance provides a Buy Here Pay Here (BHPH) portfolio acquisition service, offering financial flexibility, reducing risk, and streamlining operations for independent auto dealers.
Any Portfolio, Any Size, Any Condition:
- All Portfolio Sizes: We accept portfolios of all sizes.
- New and Aged Accounts: Both freshly originated loans and seasoned accounts are valued.
- All Payment Frequencies: Weekly, Bi-weekly, Semi-monthly, or Monthly payments are supported.
- All APRs and Branded Titles: Various interest rates and vehicle conditions, including branded titles, are accepted.
Enhanced Benefits:
- Fast Pricing and Same Day Funding: Quick pricing evaluations with potential same-day funding upon receiving original contracts and titles.
- Superior Customer Service: Continued support and smooth transitions post-transaction.
How do I get started?
- Go to Settings → BHPH → Partner Settings tab.
- Under the Portfolio Management, locate MidAtlantic, then enter your MidAtlantic ID (CMS ID#), and click Enable MidAtlantic Feed.
- If you don’t know your ID, contact MidAtlantic Finance at (866) 423-5487.
- Once you have established an account with MidAtlantic Finance, enter your MidAtlantic ID (CMS ID#) in DealerCenter and click the Enable MidAtlantic 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 active loans will be sent to MidAtlantic Finance in the background.
How does it work?
Once the integration is set up, your loan data will be transmitted quickly. Regular nightly updates will maintain up-to-date loan information on MidAtlantic Finance.
How do I disable the integration?
You can disable the MidAtlantic Finance feed at any time in BHPH Settings. This stops nightly updates but retains all previously sent data.
Get more help
For additional support, contact MidAtlantic Finance at (866) 423-5487. For more details on our services, visit MidAtlantic Finance.