In-house Loan

In-house financing is a type of seller financing where a business extends credit directly to a customer to facilitate the purchase of its goods or services. This eliminates the need for the customer to secure a loan from a third-party lender like a bank or credit union.

Instead of relying on external lenders, dealerships offering in-house financing provide car loans directly to their customers. This allows them to tailor loan terms and approval processes to fit their specific needs.