New and improved: NPA revives dealer financing program

Publish Date: 
Sep 13, 2013
By Holly J. Wagner

SAN DIEGO, Calif. - National Powersport Auctions (NPA) is relaunching its dealer financing program with a new bank and some dealer-recommended improvements.

The retooled program, which provides powersports dealers with flexible inventory financing on pre-owned vehicles, includes significant revisions based on dealer feedback.

"Our main goal... was giving dealers better options when it comes to wholesale financing."

-- John Roshala, NPA

NPA Dealer Financing has several unique features, like tiered fee structures, no minimum or maximum credit approval, and flexibility for dealers to spend the money as they see fit, including off-the-street purchases. There is no early payment penalty and all titles qualify.

NPA Dealer Financing has also streamlined the approval process. All paperwork and approvals will be done electronically, allowing dealers to remain in their dealership and focus on their business.

NPA initially rolled out a program in November 2011 with AFC that was discontinued. The new program partners with Northpoint Commercial Finance, which specializes in wholesale flooring for the powersports, marine and RV industries. 

“Our main goal for this expansion was giving dealers better options when it comes to wholesale financing. When we sat down with Northpoint and found they were in alignment with our vision for the program, we knew we had the right partner,” said John Roshala, executive vice president of sales and marketing for NPA.

“With NPA's powersports expertise and our creative financing options, we have developed a powersports-focused program to help dealers drive sales and improve their opportunity to manage vehicles through NPA’s extensive network,” said Dan Radley, president of Northpoint.

For more information about NPA Dealer Financing, contact Christy Schmitz at 858-413-0348 or by email at cschmitz@npauctions.com.

Posted by Holly Wagner