Pay share program
Glenview Finance does ALL The Heavy Lifting!!!
Advance: 50% of the amount financed/current principal balance
Dealer Payment Share: 40% of
every payment collected. Once
paid in full, dealer received 90% of
principal and 40% of the interest.
Amount Financed: Maximum of
200% LTV (Based on NADA Clean
Trade Value >$2,000)
Term: 39 months maximum
Age of Vehicle: 14 years maximum
Mileage: 200,000 maximum
Servicing: Glenview Handles all the Servicing of the accounts with our US based Customer Service Center.
Down Payment: Minimum $1,000
APR: State max APR rates required
Titles: No Salvage or Branded Titles
Buyback/Re-Purchase: Should a contract default, the dealer would re-purchase the contract at 50% of the contractual PAYOFF. Buybacks would include but are not limited to:
1. Contracts that are > 50 days contractually delinquent
2. Insurance total loss
3. Customer bankruptcy
Chris Jolie | National Sales Director