Asset Sale: Sub-Prime Auto Lending Business

This asset sale presents an established sub-prime auto lending operation specializing in purchasing vehicle installment contracts from dealers for customers with lower credit scores. The business focuses on high-interest rate financing solutions for underserved credit markets.

Key Assets & Operations:
- Specialized software system for payment processing and credit bureau reporting
- Active collection license for comprehensive debt management
- Established dealer relationship network eliminating advertising needs
- Vehicle title holding system providing security collateral
- Current lease location available through August 2025 with extension options

Business Model:
The operation purchases installment contracts from automotive dealers, primarily serving customers with challenged credit profiles through higher interest rate products. The integrated software platform manages customer payment histories and reports to credit bureaus, providing value-added services to borrowers while maintaining operational efficiency.

Operational Advantages:
- Remote operation capability for flexible management
- Streamlined business model requiring minimal staff (sales representative needed)
- Established dealer relationships provide consistent deal flow
- No advertising requirements due to referral-based business structure
- Licensed collection capabilities ensure comprehensive receivables management

This turnkey asset package offers immediate entry into the sub-prime automotive lending market with established systems, relationships, and regulatory compliance already in place. The business serves the growing market segment of credit-challenged consumers seeking vehicle financing solutions.

Location: Glendale, CA (Los Angeles County)
Industry: Banking & Loans
Sale Type: Asset Sale