Capital Advance Program
Service CHEX, Inc. and our Partners offers a unique way to access funds for any use, including Working Capital, Renovations and Expansions or to buy more Dealerships!
Typical Advances average between $600,000 and $800,000, with advances well over a $1,000,000 possible. A full analysis of a Dealership's financial statements and product sales volume will determine the advance amount your Dealership qualifies for. Just fill out our Capital Prospect Profile Form below and one of our Team Members will contact you shortly to set up an appointment to review your options.
Qualifying F&I Products
- Vehicle Service Contracts
- GAP
- Vehicle Protection Products
- EcoPro Program
- Ancillary Bundled Products
- Plus, other Administered Products
Program Features
- Monies usually advance in less than 30 days
- Repayment of advance through product sales over 3 – 5 years
- Low effective interest rate
- Underwriting profit participation to Dealer through Dealer owned reinsurance
- Dealers may renew advance at the end of their program term
