• 360-352-2996
  • 207 Bank Street Suite 340, Ottawa, ON K2P 2N2

Driver Capital makes financing automotive repairs easy!

ON THE SPOT!
973-510-3962

8037369832

Are you concerned that you can’t afford to have your repair done because you are short of money, not currently employed, are bankrupt, were bankrupt, have poor credit, max’ed out credit, or no credit at all?

Don’t worry. Your problems are solved with DRIVER CAPITAL LTD.

913-744-6484

DRIVER CAPITAL LTD. is a Lending Platform which partners with mechanical, auto-body repair and automotive aftermarket retailers. We provide a point of sale financing program allowing non-prime credit consumers to have their vehicle repaired at competitive interest rates at a fraction of their present options of Payday and Title Loan companies.

FINANCE MADE EASY
9564154630 crypta

(602) 680-5824

Today approximately 25% of the repair quotes written by Auto Service Centers are not acted upon because the customer cannot afford the repair. In Canada alone this equates to over $4.57 billion of required repairs not being done due to lack of affordability. At DRIVER CAPITAL LTD. we understand that you are not alone with these problems in today’s world

Max loan of $10,000

Minimum Loan of $1,500

Qualify with up to 200,000 kms

Qualify with up to 10 model years

STATISTICAL FACTS AFFECTING THE AUTOMOTIVE REPAIR INDUSTRY

In the United States and Canada, over 100 million consumers are “credit-challenged” and constitute another “Silent Majority.”

This demographic has two segments: “Non-Prime Credit Consumers” -- People with good credit but who are at their maximum limits. “Sub-Prime Credit Consumers” -- People with poor or no credit scores, without access to traditional sources of credit, and who often do not even have credit cards. The credit-challenged demographic in Canada is defined by the following statistics:
  • 56% of consumers have poor or no credit.
  • 64% of consumers do not have $1,000 in savings.
  • 76% of consumers are living paycheck-to-paycheck.
  • 46% of consumers could not cover an emergency expense of $400 without selling something or borrowing money.
  • Statistically 600,000 non-prime and over 800,000 sub-prime consumers apply for a loan annually .........but 88% are declined.
  • 40% of consumers do not have credit cards

PROBLEM FOR THE AUTO REPAIR INDUSTRY

  • The US and Canadian Auto Repair Industry is a $429 billion potential annual marketplace and also has problems:
  • The average Auto Repair Center operates at only 55% capacity.
  • The auto repair industry does not capture an estimated $182 billion annually in potential repair revenue. In Canada alone over$19 billion a year of needed repairs are not done.
  • A significant reason for these inefficiencies is millions of credit-challenged consumers cannot afford the repair cost and cannot access financing.

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