09/22/2013
SPR Group Funding is the Note Buying Business. We buy Business notes and we Factor account receivables. Our business is the alternative to conventional bank funding. We enjoy working with Buy Here Pay Here car lots. These car lots typically receive payments from customers every month for up to 4 years. 4 years is a long time to wait on payoffs. We buy these notes at a agreed discount and issue a check to the Dealership once the paperwork is completed This method gives the Dealerships more Operating Capital to purchase more inventory.
