VisualGPS, LLC
: The buyer reviews the data file to check Loan-to-Value (LTV) ratios and risk profiles, typically issuing a Letter of Intent (LOI) within 24–48 hours.
: Selling existing assets provides working capital without the need for high-interest bank loans or floorplan lines of credit. The 5-Step Selling Process buy here pay here note buyers
Selling allows dealerships to convert long-term customer receivables into immediate lump-sum cash by offloading them to specialized investors. This process, often called a bulk portfolio sale , helps dealers bypass "cash crunches" common when capital is tied up in outstanding loans rather than inventory. Key Benefits of Selling BHPH Notes : The buyer reviews the data file to
: Buyers may contact customers directly to verify accounts and check if any are more than 10–20 days past due. This process, often called a bulk portfolio sale
: Once the offer is accepted, the buyer performs a deep dive into original contracts, credit applications, and borrower files to verify compliance and account status.
Most note buyers, such as Auto Capital Express and Agora Data, follow a standardized funding workflow:
