Advantage Funding is offering a new funding program to help dealerships expand customer financing by reducing roadblocks to credit approvals. Advantage Fundings lease-here, pay-here program will help remove hurdles across the country for dealers to serve the subprime lending space. Access to capital is the largest hurdle for dealers serving subprime customers, said Ed Kay, president of Advantage Funding, at the National Vehicle Leasing Association conference in Tucson, Ariz. Advantage Funding worked with LHPH, LLC, a San Diego-based lease service provider, to develop a dealer finance model that is profitable and easy for dealers to use.
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