Offering Medallion Bank as your non-prime lending option allows your dealership to maintain control of the sale, finance more deals, and make more money. Please download, complete, and sign the Dealer Sign Up Packet before submitting the form.
We look at the following criteria as part of the approval process:
- Minimum of 3 years in business
- Dealers with less than 5 years in business must provide financial statements
- Amount of inventory credit line or flooring line including name of lending institution
- Dealership should carry a manufacturer’s new product line
- Personal credit will be pulled on owner/owners