Auto Retail Lending
Grow auto loans without managing dealer relationships
Acquire auto loans from Upstart-powered dealerships without the complexity of indirect lending.
Acquire auto loans from Upstart-powered dealerships without the complexity of indirect lending.
Indirect auto lending has long been a tough channel to grow due to competition and high operational expenses. Upstart can help your institution win more auto loans with immediate access to a large dealer network of Upstart-powered dealerships without any of the overhead.
Have full control over your credit parameters and risk profile to achieve your target auto loan volume and returns.
Your financial institution is automatically connected to customers at Upstart-powered dealerships — minimizing the need to proactively build a dealer network.
Customers can submit for financing—without a hard inquiry on their credit.¹
Your lending parameters are considered against every deal that dealerships submit to Upstart – giving you more opportunities to win.
Upstart’s risk-based AI model instantly prices each deal for the dealer to present
Customer identity and income are verified within the Upstart Auto Finance platform with most borrowers being instantly approved.
If needed, documents and stips can be easily uploaded, with all verifications handled by Upstart.
Upstart purchases all contracts with the dealer directly and will forward-flow loans based on your target return and credit parameters.
Discover how Upstart Auto Finance is changing the way consumers shop and finance their cars online or in-store through a next-generation financing platform.
Learn how to get started using Upstart’s AI technology so you can grow your auto loan portfolio — and gain that competitive advantage.
* The term loan is used to describe retail installment contracts.
1 A hard inquiry is performed before signing.
