Hello! I posted this a few months ago, but didn't receive any response, so I thought I would try again. I appreciate any insight you all can offer!

I currently work in F&I at a small independent lot. We have a couple of national lenders (Ally, CAC) plus also a couple of local credit unions as well as one local bank. The local bank will allow us to recourse (endorse) any deal that is in line with left side (JD Power clean trade). I would say about 90% of our business is this type of loan. It is similar to in-house financing, but the loan is through the bank. We are responsible for collections and repos.

I have accepted a position at a smaller dealership in another state. They have mainly been a cash/osf lot, but did get signed up with a credit union a few months ago. They currently average 8-10 units/month. I would like to get us set up with more lenders, but the dealership does not currently move enough units for Ally, as well as, CUDL.

It seems the fastest way to increase volume is to be able to offer these dealer recourse loans. Are there any other lenders that offer this type of loan, or is my situation unique?

Thank you in advance for your help!