Build wealth and Maintain your customer relationships while improving cash flow and your financial condition.

What are the Benefits?

  • Line of Credit Specific to Your Dealership or Finance Company
  • Focus on what you do best, originate loans through collaboration with your financial partner
  • We will provide the loan servicing with our best-in-class team
  • Easy to Understand Borrowing Base and Collateral Reporting

Program Highlights

  • Build a captive buying partner. No need to sell to different parties every month.
  • Advance Rates Determined by Vehicle Cost and Expected Collateral Recovery Rate
  • Monthly Finance Receivable Reporting
  • Family office. Personal relationships. Collaboration.

Stage 1

Simply submit your data tape via our secure line. Our experts will review and draft a custom Term Sheet based on your portfolio. We will also help you complete the Due Diligence Request List.

Stage 2

Diligence Site Visit
During this visit, we’ll complete a Contract File Review, Management Interviews, and an Audit to verify all information before closing the deal.

Stage 3

Post Diligence
Following the Diligence Visit, Spartan will complete our underwriting and work with our Credit and Compliance teams to address any outstanding items.

Stage 4

Documentation / Closing
IDA Acceptance 360 will Draft Agreement documents with the client, hold an onboarding call between the client and IDA Operations, review files for funding, and close/fund the deal.

IDA Acceptance 360 requires you to complete a Line of Credit application as well as have valid in-house contracts, written policies and procedures, a compliance management system, a web-hosted DMS, and tax returns.

Below is a complete list of required data tape fields from your inventory. Please provide the following:

Loan Information:

  • Account/Loan Number
  • Amount Financed
  • APR • Contract Date
  • InterestType
  • Finance Charge
  • Interest Collected
  • Current Principal Balance
  • Down Payment & Deferred
  • Original Term
  • Payment Frequency
  • Payment Amount
  • Total of Payments
  • Last Payment Date
  • Next Payment Date
  • Months Remaining

Vehicle Information:

  • VehicleYear
  • Vehicle Make
  • Vehicle Model
  • VIN
  • Mileage


Customer Information:

  • First & Last Name
  • Social Security Number
  • Street Address
  • City/State/Zip
  • Date of Birth
  • Home Phone
  • Cell Phone
  • Work Phone