Auto Finance Group Introduces Lucrative Non-Prime Auto Dealership Investment Opportunity

Milwaukee, WI (PRWEB) March 06, 2014

Braeger Auto Finance Group is inviting individual accredited investors into the world of auto financing. Previously, only hedge funds and institutional investors participated. With an uptick in the economy, consumers of all credit histories are interested in purchasing vehicles. Due to insufficient capital from traditional lenders, auto dealerships can’t keep up with consumer demand, and are looking for financing.

Braeger utilizes http://www.VroomBank.com as its internet investment portal. Interested investors may access the site, set up an account, select a fixed investment: a three, four, or five year note, yielding 7%, 8% or 9% respectively. Investors receive quarterly interest payments.

“We’re seeing strong interest in what we offer. We believe we are offering a safe, sustainable, and simple source of meaningful investments over many alternative fixed income opportunities,” said CEO David Braeger.

Braeger Auto Finance Group CEO David Braeger notes that the timing is right for accredited investors to consider this unique crowdfunded finance model. A recent US Securities and Exchange Commission rule change eliminates prohibition against general solicitations and advertising for certain securities. Consumer delinquencies and credit losses are at historic low levels, non-prime auto default rates are low, and technological platforms offer an easy path for investors to engage.

The National Credit Union Foundation estimates the non-prime auto market at $100 to $200 Billion. “This is an exciting time,” said Braeger. “We’re benefitting investors, auto dealerships who gain access to adequate capital to grow their business, and individuals seeking to own an auto and build a positive credit profile. It’s a win, win, win.”

Investors are gaining an experienced management team. Braeger and COO Gary Bakker have a combined 55+ years of banking and financial services experience. Braeger grew up in the auto dealership business, with the family auto dealership dating back to 1923. Bakker has held senior leadership positions in companies ranging from small software companies to multi-billion dollar international corporations.

Investor monies will flow through an authorized Financial Industry Regulatory Authority (FINRA) broker/dealer. The Braeger management team will perform exhaustive due diligence on capital placed with auto finance companies, including site visits to ensure that only quality dealerships comprise the portfolio. Risk will be spread out across this vetted group of auto finance companies. To date, Braeger has raised more than $4 million, and supports more than $23 million of credit facilities.

Dealerships qualifying for investment are evaluated for demographic attributes including the requirement that the dealer operates its own finance company, resides in a warm climate (year-round buying), portfolio greater than $10 million, and meets standards of third party analysis. One dealership qualifying for a Braeger investment is Drive Away of Houston, Texas. CEO Bill Kellagher says access to capital has allowed them to expand, benefitting the dealership and its customer base.

Braeger Auto Finance Group is truly connecting non-prime auto customers with much needed financing, and providing a unique opportunity for investors to get into the lucrative world of auto dealership financing.

Tags: , , , ,

HEADLINE NEWS

DVS Gaming (registration) (blog)Crowdfunding: How Does it Help Indie Developers?DVS Gaming (registration) (blog)2012 is when crowdfunding really blew up, prior to 2012 the average amount of money devs would receive could range from 10k-100k. By today's standards, that's stil [...]

LivemintFinding the right balance on crowdfundingLivemintSecurities market regulator Sebi (Securities and Exchange Board of India) has been trying to get a handle on digital platform-based crowdfunding since at least 2014, when it issued a cautiously positive consultation paper. It fl [...]

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

FortuneUncensored Social Network Gab Raises $1 Million in Crowdfunding CampaignFortuneA crowdfunding campaign for Gab, a Twitter-like social network that touts its commitment to freedom of speech, surpassed $1 million yesterday. The company claims it is politically neutral and committ [...]

Baltimore SunHarford still opposes crowdfunding sites for school donationsBaltimore SunRaising money through online crowdfunding sites is an ideal way for teachers to find the funds to purchase classroom materials and should be restored, the head of the Harford County teachers' u [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

FanRag Sports (blog)Is crowdfunding women's hockey the new normal?FanRag Sports (blog)The Western Collegiate Hockey Association is a women's college conference founded in 1999. In 18 competing seasons, the WCHA has won 16 national titles. Only twice has an NCAA women's [...]

League: Warriors legend Monty Betham drops crowdfunding bidNew Zealand HeraldFormer Warriors Monty Betham has pulled the pin on his quest to launch a crowdfunding campaign to buy the Warriors. With Warriors owner Eric Watson locked in negotiations to sell, Betham made a plea to league [...]

ForbesWhat Works In Equity Crowdfunding -- Insights From ResearchForbesAs we have recently celebrated the fourth anniversary of the signing of the JOBS Act into law, it is a good time to take stock of the effect that the legislature had on equity crowdfunding in the United States. It [...]

The Northern Daily LeaderThe perks and pitfalls of crowdfundingThe Northern Daily LeaderWith a few clicks, would-be entrepreneurs, artists and charities can launch a project and start crowdfunding. All they need to do is nominate a dollar goal to raise within a certain time, and list [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |