Designed by dealers for dealers, the AutoLend Inventory Assistance Program is a
short-term credit line that allows qualified used car dealers and wholesalers to buy cars at this
ServNet Auto Auction with only a nominal outlay of money on sale day.
That's right! Once your AutoLend Inventory Assistance Program credit line is activated
your only expense on sale day could be as little as a small administration fee for each
car you purchased plus an interest fee that is only 2 points above the Prime Rate.
And, the neatest thing about the AutoLend Inventory Assistance Program is that
qualified used car dealers and wholesalers can have two, four, or as much as six weeks
before they have to pay for the purchase price and buyer's fee due on each car.
It's really quite simple. Just take a moment to review the enclosed AutoLend Inventory
Assistance Program Credit Application Form, fill it out, attach copies of the documents
listed on the Dealer Application Check List, drop off your completed application at your
ServNet Auto Auction or mail it all back to us in the enclosed postage paid envelope,
and we will do the rest.
Upon our receipt of your completed AutoLend Inventory Assistance Program
Credit Application
and the copies of the documents requested on the Dealer Application
Check List, we will immediately process
your application and promptly notify you of our decision.
Approved used car dealers and wholesalers will receive written notification of their
approval along with the AutoLend Inventory Assistance Program Credit Line and
Security Agreement that must be executed prior to your account being activated.
All of us at AutoLend and your ServNet Auto Auction feel that the AutoLend Inventory
Assistance Program can make a big difference for everyone. We look forward to
hearing from you.
For more information please contact
AUTOLEND INVENTORY ASSISTANCE PROGRAM
1-800-699-6937.