What We Do at Cal-Tenn Financial
Cal-Tenn offers indirect lending to independent dealers. Improve your point of sale revenue with a dealer friendly program.
Bankruptcy Loan Purchasing
Cal-Tenn will purchase your non-performing assets like loans in chapter 13 bankruptcy. We offer quick and efficient bids to convert your bankruptcy loans that are non-performing into much needed cash flow for your operations
Cal-Tenn will purchase your charged off and deficient files. We can also convert your charged off debt into cash, so that you can reinvest in your business.
Cal-Tenn can service your sub-prime automotive portfolio. We have serviced loans for both small and large sized loan originators, dealers, and FDIC-insured banking institutions. Cal-Tenn reports to the credit bureaus, which helps with customer retention and assists in improving consumer credit profiles.
Cal-Tenn offers sub-prime automotive consulting to assist independent dealers in effectively managing their operations, including both the retail and financing sides of the business. Included here would be the implementation of standard operating procedures and practices.
Cal-Tenn offers remarketing services. We allow participating dealers to access nationwide premium auction placement to enhance their auction wholesale returns. Participating dealers and finance companies gain access to the country’s largest auction houses through Cal-Tenn’s national contracts.