May 29, 2011
Poway, Ca - Industry News From NPA
National Powersport Auctions has launched its Dealer Financing program. Designed exclusively for powersports dealers, NPA Dealer Financing was created to empower and assist powersports dealers to develop and expand their pre-owned business.
“NPA was founded by dealers for dealers, and we’ve never forgotten that,” said John Roshala, NPA’s vice president of sales and marketing. “Our core beliefs of success center around our continued development of initiatives and programs that help our dealers grow their business. The NPA Dealer Financing program gives dealers access to the capital they need for inventory acquisition and becomes another value added service and competitive advantage for dealers doing business with NPA.”
NPA’s Dealer Financing program provides dealers with wholesale financing for inventory purchased exclusively through one of NPA’s many auction platforms. In addition, this exclusive program allows dealers to utilize a portion of their credit line for non-auction purchases.
By offering this unique benefit, NPA provides dealers the flexibility for their purchases to come from a multitude of sources.
“It doesn’t surprise me that the leader in the space would design a pre-owned wholesale financing program. NPA has always responded to the dealers needs by continuing to contribute to their growth and the growth of the industry,” said Jason White, owner of Fay Myers Motorcycle World in Denver.
The NPA Dealer Financing program is being provided through Automotive Finance Corporation. With extended terms and attractive rates, this program is unique to NPA dealers. AFC is one of the largest independent providers of dealer floorplan financing in North America. AFC, as part of KAR Auction Services, Inc., provides financing solutions for automobile retail, wholesale, powersports and RV dealers, as well as salvage and daily rental operators.