Luxury Assets
HIGHLIGHTS
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No prepayment penalty
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Start-ups are OK
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No FICO minimum
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Past bankruptcy OK
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No minimum time with CDL
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1-3 hour approvals!
Yacht Guidelines
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Deal size: $200,000 - $5,000,000
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Yacht: 25’ - 100’ length
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Age: 10 years or newer
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Term: 2 - 10 years
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LTV: 50 – 75% (collateral accepted)
Aircraft Guidelines
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Deal size: $250,000 - $5,000,000
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Categories: Planes, helicopters & jets
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Age: Depends on category and manufacturer
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Term: 2 - 10 years
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LTV: 50 – 75% (collateral accepted)
Car Guidelines
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Deal size: $100,000 - $1,000,000
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Term: 24 - 60 months
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LTV: 50 - 75%
Light Truck & SUV Guidelines
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Deal size: $80,000 or higher
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Age: 2 years or newer
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Term: 24 - 60 months
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LTV: 50 - 80%
RV Guidelines
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Deal size: $100,000 - $1,000,000
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Age: 6 years or newer
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Term: 2 - 10 years
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LTV: 50 – 75%
Limo and Luxury Transport Guidelines
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Deal size: $100,000 - $500,000
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Age: 3 years or newer
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Term: 2 - 6 years
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LTV: 50 - 70%
ITEMS NEEDED FOR APPROVAL
Credit application
We will accept any credit application.
Equipment specs
Must include year, make, model, mileage, VIN, engine
Invoice
​Must be itemized
WHAT IS REQUIRED FOR FUNDING?
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Wire confirmation of full down payment "to dealer or finance company"
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Insurance
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Signed and notarized contract. Original must be sent
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Inspection
CUSTOMER LOCATION
We finance deals in all continental USA
COMMISSION
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There is no cap on points/broker fee, however, points over 5 affect the down payment
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Commissions are calculated simply: (price of asset - down payment or security deposit x broker commission) Example: ($100,000 - $20,000) X .05 = $80,000 X .05 = $4,000
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Default broker fee is 5 points unless otherwise stated on submission email