Engines
Transmissions
Auto Body Repair
Air Conditioning
Stereo Systems
Tuned Exhaust
Sport Suspensions
Custom Wheels
Perfomance Tires
Select Automotive Management LLC
722 Apex Rd, Suite A
Sarasota, FL 34240
Loan Hotline: (941)822-5994
Fax: (941)308-0049
sam@samfunding.com


Service Centers Page

Select Automotive Management and service centers across the country have teamed up to provide financing for customers that need major auto repairs or upfitting and can not get financed traditionally. Do not lose another job because your customer has bad credit. I am certain you have customers walking in, requesting estimates for repair work or upfitting, and walking back out the door because they do not have the money or the good credit needed to go to the bank and get a loan. We are your answer for this customer. We will give you rapid approvals and we will do the paperwork. You are already paying the light bill. You are already paying the rent. One more deal a week could mean $1000 more profit per week.

Call to find out how you can sign up with SAM. How much more money could you make if you could save just one more deal a week????????????

SAM Repair Program Criteria

1. If the customer does not have a loan on their vehicle it must have a minimum book value of $3000. If the customer has a loan on their vehicle, and lives in a multiple lien state, the minimum book value could be higher depending on the state they live in. Check with SAM for a list of multiple lien states. Book value is established by using kbb.com, trade in value, and fair condition. You must adjust for miles and can not add for any single line option.

2. SAM will advance up to 50% of book value as long as book value meets the minimum dollar value requirements listed above.

3. Minimum down payment is $500.

4. Any customer currently in an open bankruptcy is automatically declined for financing.

5. Any customer currently past due on an existing car payment is automatically declined.

6. SAM reserves the right to reject any deal for high miles.

7. The original title must be mailed to SAM with the completed deal packet unless there is a first lienholder and customer lives in a multiple lien state.

8. Minimum repair order or purchase amount is $1000.

9. SAM can not finance the repair if the customer currently has a loan on the vehicle with a Buy Here Pay Here dealer.

SAM Repair Program Procedure

Select Automotive Management LLC (SAM) is constantly seeking new ways to make our program more attractive and to address all objections service centers might have to using SAM. SAM’s Repair Program is designed to be easy and profitable. It is as easy as 1 – 2 – 3.

1. When you discovers the customer is a candidate for the SAM Program:

- Have the customer complete the SAM Customer Credit Application. SAM needs a separate credit application if there is a co-applicant on the loan or if there are two names on the title. Whoever’s name is on the title must be on the loan. If you have an auto loan you must be current on the payments (only applicable in states that allow multiple liens).
- Fax the SAM Customer Credit Application and an estimate of the repairs, or purchase, to 941-308-0049. It is very important the credit application is signed and complete and the estimate for the repairs, or purchase, include the year, make, model, vehicle identification number, and actual miles on the vehicle.
- SAM will process the information and will respond with a pre-approval or a decline. If you receive a tentative approval SAM will need you to have the customer provide the remaining items requested on the Customer Checklist. Fax these documents to SAM and we will compare and verify this information with the credit application and will respond with the terms of the loan. The center reviews the terms with the customer and if the terms are agreeable with the customer the center goes to step 2.

2. Do the work.

3. SAM will prepare the retail installment contract and will forward it to your center. Once the work has been completed, the contract signed, and the center has all the items on the Deal Funding Checklist, the center overnights all the documents to SAM. SAM will process the deal and will fund upon completion of processing.

Thank you for selecting SAM