Rocky Mountain Acceptance

Transcription

1 Rocky Mountain Acceptance Your Local, Same Day Funding Source Dealer Credit Application / Credit Authorization Release Form The statements made below are true and correct and made by in order to induce Rocky Mountain Acceptance, LLC ( RMA ) or its assigns, to grant credit to and/or purchase automotive retail installment sale contracts from my dealership with the knowledge that RMA will rely thereon. I hereby authorize RMA to investigate and/or contact the references identified below without recourse to RMA or to the references provided. I authorize my credit reference(s) to release information to RMA as necessary for RMA to provide credit or purchase retail installment sale contracts from my dealership. Dealership Name (Legal Name): Dealership DBA: City: State: Zip: Telephone: Fax: Dealership Website: www. Type of Business (check one): Corporation LLC Partnership Limited Partnership Sole Proprietorship Fed. Tax ID# Do you utilize an electronic application platform? Vendor (Dlr. Track, Route One, Etc.) Vendor Number Individual(s) authorized to submit applications: Franchised Dealership: YES Franchise Name: NO Dealer License No. (DMV): Dealership Ownership (list all owners and percentage of business owned): 1. % 2. % 3. % 4. % Key Dealership Personnel (please list): GM F&I Mgr Bus Mgr GSM Spec F&I Title Clerk Years in Business: Number of Locations:

2 Dealership Facilities: Time at Current Location: Yrs. Mos. Facility Owned or Leased: Owned Leased Service Department/Repair Facility: Yes No Consignment Inventory: Yes No Affiliated Dealerships (through common ownership): Dealership Operational Profile Used New Avg. Monthly Sales (# of Vehicles): Vehicle Inventory: Avg. # Inventory: % of Inventory Owned: Avg. Vehicle Age: Avg. Wholesale Value: Avg. Sale Price Finance & Insurance: Finance Penetration: Avg. # of Non-Prime Contracts: Avg. Customer Cash Down Pmt: Warranty Penetration: Avg. Warranty Retail Price: Avg. Warranty Dlr. Cost: Warranties Sold: Other Finance Products Sold:

3 Dealership References Bank Reference(s): Bank: Bank: Current Credit References: Floor Plan Lender: Landlord/Mortgage Lender: Personal Reference 1: Relationship: Personal Reference 2: Relationship:

4 AUTHORIZATION TO RELEASE INFORMATION DEALERSHIP NAME: DEALER PRINCIPAL(S) NAME: 1. AUTHORIZATION FOR RELEASE: I/We hereby authorize (creditor/credit reference) to release and disclose to Rocky Mountain Acceptance, LLC, its subsidiaries, affiliates, employees, and agents, information pertaining to my/our credit rating or creditworthiness, including but not limited to business and consumer credit reports, and outstanding credit accounts (e.g. real estate mortgages, auto loans, personal loans, charge cards, credit union accounts, etc.). I hereby release (creditor/credit reference) from any liability for disclosing such information. 2. VALIDITY/REVOCATION: I/We understand that this release may be revoked by sending written notice to the person or entity authorized to release information related to my/our credit rating and creditworthiness. I/We agree that any release of information that was made prior to revocation and that was made in reliance on this authorization shall not constitute a violation of my/our right to privacy or confidentiality. I/We authorize the release of credit rating and creditworthiness information as indicated above. In addition, I/We agree that any reproduction of this Authorization made by reliable means (such as photocopy or facsimile) is equally binding and acceptable as the original. Dealership Name Dealer Principal Signature Dealer Principal Name

5 AUTHORIZATION TO RELEASE INFORMATION DEALERSHIP NAME: DEALER PRINCIPAL(S) NAME: 1. AUTHORIZATION FOR RELEASE: I/We hereby authorize Equifax, Experian and Trans Union to release and disclose to Rocky Mountain Acceptance, LLC, its subsidiaries, affiliates, employees, and agents, information pertaining to my/our credit rating or creditworthiness, including but not limited to business and consumer credit reports, and outstanding credit accounts (e.g. real estate mortgages, auto loans, personal loans, charge cards, credit union accounts, etc.). I hereby release Equifax, Experian and Trans Union from any liability for disclosing such information. 2. VALIDITY/REVOCATION: I/We understand that this release may be revoked by sending written notice to the person or entity authorized to release information related to my/our credit rating and creditworthiness. I/We agree that any release of information that was made prior to revocation and that was made in reliance on this authorization shall not constitute a violation of my/our right to privacy or confidentiality. I/We authorize the release of credit rating and creditworthiness information as indicated above. In addition, I/We agree that any reproduction of this Authorization made by reliable means (such as photocopy or facsimile) is equally binding and acceptable as the original. Dealership Name Dealer Principal Signature Dealer Principal Name Dealer Principal Social Security Number Dealer Principal Home Address Dealer Principal City, State, Zip Code