Dealer Direct Lending
Salal Credit Union's Dealer Direct Lending works with hundreds of dealers across the country and has funded thousands of loans. If you're looking for easy financing options and competitive rates for your customers, Salal has the right tools.
Affordable financing, offered on the spot, gives you the sales advantage. Show your customers how low their monthly payment will be and remove one of the biggest barriers to making the sale. You don't need to be in the banking business: let Salal CU take care of the lending so you can focus on your customers.
- Fixed Annual Percentage Rate (APR) with payments beginning 30 days from completion or delivery. There is no cost to you, the dealer.
- Flexible terms from $1,000 to $30,000, with terms up to 120 months. UCC required on loan amounts over $5,000. Mobile and manufactured homes are not eligible; property has to be listed as "real property'" on tax rolls.
- We offer 6-month and 12-month deferred programs with no payments required or interest charged during the deferred period. Your customer's standard payments start 30 days after the deferred period.
- Approvals are good for 120 days and credit decisions are via email only.
- Faxed funding with checks to dealer go out within one business day of receiving documents.
Salal CU makes funding simple for you, your sales team, and your customer. Decisioning is quick once the application is received, and our experienced team is on hand to answer your questions. If you are interested in learning more about our program, please contact:
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If you are interested in learning more about our program, please contact: