Quote Originally Posted by Chambo View Post
The issue that comes up with WBL's program, is that they place liens on the vehicles used as collateral. Meaning, the dealer cannot sell those cars.

So someone walks onto their lot, says, "I want that car there, and I will pay cash today" cannot be serviced?

Unless the dealer has cars they are willing to sit on for 6-9 months....
Chambo hit it on the head, that is why when we fund car dealers, it is usually with real estate as collateral.