Retail Installment 

What we do:
     We work as a team with Business Owners that show the insightfulness to give their clients another way to pay. Our clients sell many different products but they all have one common thread—they want their clients to have every ability to afford what they have to sell. That is where we come in. Through Retail Financing we pay the business owner for the product to be purchased and then the client agrees to pay us back over time.

 

How it works:
    Your business needs to be set up as a dealer with Del Rio. As a Dealer , your business can now offer financing to your customers. When a customer is interested the Dealer will complete a paper loan application or our online application and fax it or e-mail it to our office. Based on the customers credit history and job stability we will make a decision to lend. Once a decision has been made on the application , we will advise the dealer of our credit decision.

    The Dealer then sends us the original contract and we pay the dealer for the contract. Once we have purchased the contract it is our responsibility to collect and the business owner does not have any liability for repayment. The advantage is the dealer sold a product that they may not have sold because they thought enough of their customers needs to give them another way to pay!

 

What we finance:
     Furniture, Carpets, Wood and Tile Flooring, Iron Grates, A/C Units, Pools, Computers, Kitchens, Hurricane Shutters, Call Today - it never hurts to ask. We have had some interesting clients - Aquarium fish tanks that hang on the wall and look like a flat screen TV - If we can feel comfortable that we will be paid back we will finance it. Call today to see if your product will work!

 

Loan programs:
    Our loan programs are based on the ability of a Borrower to repay the loan. Based on criteria that we have developed over the last 50 years we have a pretty good idea of who will pay us and who will not. Based on the Borrowers past credit, work and housing history we make educated lending decisions. A benefit to our dealers is that we don’t use an automated computer to make decisions for us. We have an underwriter that physically goes through each application to try and put a deal together! Almost all Lenders today have an automated system that turns down deals that we can make because we actually look At the loan application and don’t let a computer do the thinking for us!

 

The next step:
    If we have answered all of your questions feel free to enter the “Want To Become A Dealer” link on this page (above). Everything you will need to get set up with us can be printed to submit to us for approval from that link. If you have ANY questions at all please pick up the phone and call us at (305) 681-7401. We will always work with special circumstances if we can - so do not hesitate to ask.