We help you say “yes” to every customer.
Credit Acceptance has been helping dealers say “yes” for more than 50 years and we’re still leading the way in auto financing. Started by a dealer for dealers, we know the ins-and-outs of auto financing which is why we offer programs to help you approve every customer, move your inventory quickly, get funded faster and grow your business.
What’s possible?
Choosing how you get paid.
Portfolio Program gives you an opportunity for future cash flow.
Dealers have an opportunity to get paid three ways*:
- Initial Advance for funded Deal
- Complete 50 or 100 Deals earn the Portfolio Profit Express Payment
- Portfolio Profit - we share 80% of net collections with you!
*Each pool represents a subset of your total portfolio of contracts and serves as a mechanism to help accelerate expected Portfolio Profit, and to give you the opportunity to receive an advance on that future profit in the form of a Portfolio Profit Express Payment.
Purchase Program offers a one-time higher upfront advance.
Dealers may use this program when a higher upfront advance is desired at time of funding, or in environments with more traditional pay plans:
- Competitive new vehicle financing options
- Up to 84 months for new vehicles
More ways we help you grow your business:
Easily structure, deliver and fund your deals with CAPS®.
Our Credit Approval Processing System (CAPS) enables you to:
- Increase sales by saying “yes” to every customer
- Structure deals that are profitable for you, affordable for your customer
- Go from leads to contracting
- Automatically feed your vehicle inventory
- Built-in compliance rules
- e-Contracting & e-Signature
We offer Full-Spectrum Financing.
With competitive financing across the credit spectrum, you can offer financing options to set every customer up for long-term success:
- No-credit to prime-credit options
- Increase cash flow through higher front-end advances
- Competitive interest rates for customers with our new Platinum, Gold, and Silver programs
- Interest rates as low as 6.99%
- Lower or no stipulations for prime customers
- We’re known experts in the subprime consumer space – now we offer competitive programs for consumers in all credit score ranges
You’re driven to grow your business. We have ways to get you there.
Approvals in 30 seconds or less.
Get the ability to approve every customer in under 30 seconds or less.
Same day funding
You can get paid faster and receive funding before your customer drives off the lot.
Full-spectrum financing
Full-spectrum financing options on new and used vehicles let you meet the needs of customers with no credit to prime—and the opportunity to sell more cars.
Easily structure deals in CAPS
CAPS lets you structure, deliver and fund the deal that’s best for you and your customer by proposing multiple, specific deals for each customer, 24/7/365.
Working with us is easy and convenient:
Expand your business.
Helping you grow your business is what we do best.- 1Enroll with no upfront cost
- 2Use the program from anywhere in the U.S.
- 3Nearly any vehicle works on the Credit Acceptance Program
- 4Getting every vehicle into CAPS is fast and easy
- 5Enrolled dealers can receive an approval for every customer, on every vehicle in their inventory, with one submission
Why work with us?
We can help you get more deals done.- 1Ability to approve 100% of your customers with flexible approval criteria
- 2100% non-recourse financing with no look-to-book
- 3Competitive advances on new and used vehicles
- 4Same-day funding with eContracting
- 5Easy-to-use inventory integration
- 6Flexible F&I compensation
- 7Submit your applications through Dealertrack® or RouteOne®
Put yours to work for you.
Your Market Area Manager has a wealth of experience and is in your market to provide invaluable guidance like:
See what’s possible with your Market Area Manager.
By enrolling with us, you get a dedicated Market Area Manager assigned as a long-term business consultant.- 1Showing you how to use CAPS so you quickly find the deal that works best for you and your customer
- 2Analyzing performance reports to identify areas of improvement and develop action plans to help you sell more cars
What drives dealers to Credit Acceptance?
We prefer to use Credit Acceptance over other subprime lenders because they service our customers better and get us our money faster. We have deals funded within the first 24 hours of contracting.
Austin Vann,
General Sales Manager, Steve Landers Auto, Little Rock, AR
Since we’ve enrolled with Credit Acceptance, we’ve seen substantial growth in our business - 25% per year - and we’ve expanded the dealership by twice its size.
Dan Reel,
Owner, Reel’s Auto Sales, LLC, Orwell, OH
With Credit Acceptance, there is no surprises. If we submit the STIPS upfront for the customer, it only takes about three or four minutes for pre-approval and we are ready to deliver that deal.
Mike Griffin,
Used Car Manager, Zeigler Auto Group, Elkhart, IN
Make our Car Dealer Resources Center your next stop.
A one-stop shop for information on car selling and auto financing, here are all the resources Buy Here Pay Here, franchise and independent dealers need to achieve success.
How subprime financing can help grow your car business
Car buying trends for millennials
How to identify subprime customers
How Dealerships Can Approve Car Buyers With Unemployment Or Fixed Income
Different trends of male and female car buyers
Car Buying Trends For Recent College Grads And Students
Over 50 years of saying “yes.”
A little over 50 years ago, Credit Acceptance was founded by car dealer Don Foss who felt everyone deserved an automobile, along with a way to finance one. Since then, we have welcomed 15K+ dealers into our network and helped finance 4MM+ consumers. Got a minute? Watch the video.
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