Lisa you might want to look over the analytic system E-net uses on the front end of the loan origination system:

E-net's Desking, Loan Application and Lender Selection Process is an integrated electronic system that gathers information from a customer's questionnaire, credit application, credit bureau report and the complete dealer's loan package including vehicle information and insurance coverage. It then instantaneously queries all that information against all of the lender's credit risk models a dealer is associated with. E-net doesn't just look at the credit report to make the lender selection.

To accomplish this E-net pull's a Credit Report and stores the data, next the dealer completes the loan application and desks the deal. Then they integrate all of that electronic information against each of the lenders risk models they are associated with to indicate which of their lenders and tier levels are most likely to finance the loan package. Lenders have access to their risk model information to update, modify or change their risk instantly, improving dealers' data quality and lending availability.

The dealer can process their loan package, over and over again with E-net's Desking and Lender Selection System until they get a loan package that has up to a 95% probability of one or more lenders approving the loan on the front end of the sales process, regardless of the credit quality. All this is completed in minutes before the customer signs the contract agreement. When that vehicle rolls out of the dealership baring unknown factors, 95% of the time it's a done deal and financed in days.

Lisa,

Consumer Finance Asset Management, LLC (CFAM) purchases secured charged off auto loan accounts - bankrupt and non-bankrupt - between 90 – 280 days past due and has the capability to support single loan pool acquisitions as well as forward flow arrangements.

If you have any clients that might be interested in speaking with us, please have them contact me at john.jelinek@cfamllc.com or 469-682-9553 for more information.

All the best,

John Jelinek

I would be very interested. I will send you an email shortly.

CapitalSource has historically provided senior revolving credit facilities and term loans against diversified consumer loan asset portfolio's, inclusive of the non-prime auto space. We are still looking at these opportunties. I would suggest you reach out to some of the companies in the indirect finance space who are still active and seeking new relationships!

Lisa: Check out our profile or website at www.capitalsource.com under Auto. We are a senior secured lender, provider lines of credit and term debt mostly to indirect auto finance companies.