In-House Financing

Global Wholesale Motor Co. offers In-House Financing to help you build credit. Here are some FAQ’s so you have all the best information.

In-House Financing Q&A


Q. What is In-House Financing

A. In-House Financing refers to a method of running a car dealership in which the dealers themselves extend credit to purchasers of automobiles.


Q. Who uses an In-House Financing program?

A. Everyone, including customers with poor credit, bad credit, no credit, or first time buyers. At Global, we finance customers with repos, foreclosures, and bankruptcy.


Q. How easy is it to qualify for In-House Financing through a dealer?

A. It's convenient & hassle-free. The underwriting is usually done locally which allows for a faster approval time.


Q. Do In-House Financing dealers report to the Credit Bureau?

A. Typically no. However, Global is authorized to report customers' payments to Equifax. This allows our customers to establish or re-establish credit.


Q. What are the requirements to get loan approval through In-House Financing?

A. Very simple. A copy of a valid license or passport, a copy of social security card if applicable, pay stubs (if employed) or a bank statement (if self-employed), and proof of residency such as a utility bill.

Q. What is the down payment, payment schedule, and terms?

A. Down payment requirements are based on the purchase price. Regular payments are made bi-weekly and scheduled on the customer's chosen day. Our In-House Financing program uses short-term loans in order to reduce interest costs for our customers.


Q. How can I make my payments?

A. Payments can be made in cash, check, money order, Visa, MasterCard, or ACH. For our customers' convenience, payments can be made over the phone with Visa or MasterCard or can be scheduled to be withdrawn automatically. Global does not charge a pre-payment penalty.


Q. Is an In-House Financing dealer required to have a license to sell and finance vehicles?

A. Yes, they are licensed and regulated by the state DMV and the Department of Finance. Global has been licensed for In-House Financing since 1996.


In-House Financing

  • Direct Lending / No Banks / Convenient Financing
  • Short Term Finance
  • Flexable Payments
  • Report to Credit Bureau
  • Establish / Re-Establish Credit
  • Automatic Payment Options