Why Recreation Dealers Need an Experienced Non-Prime Lender

It takes a lot of effort to run a successful recreation dealership. From inventory to accounting, there are many moving pieces for dealerships to consider. But at the end of the day, the key to long-term success is selling as many recreational vehicles as possible.

Recreation lenders help dealers finance those sales. Many potential buyers struggle with negative or no credit history.

The Non-prime Market 

Unfortunately, some dealers struggle to find lenders for their non-prime market. With unexpected circumstances, people with an otherwise spotless credit history may suddenly face incredible challenges. These sudden life changes are often the reason for poor credit. When a customer has worked to put those credit issues in the past, Medallion Bank may be able to offer them financing options.

At Medallion Bank, we believe that everyone deserves a second chance. As the nation’s leading non-prime recreation lender, we do our best to provide financing options for the non-prime market. This means your dealership doesn’t have to turn away people with less than perfect credit. Instead, you can leverage an experienced non-prime recreation lender to finance those buyers and thereby sell more inventory.