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MBA HOLDINGS EXPANDS NMDA CONSUMER FINANCING OPTIONS WITH WESTERN FUNDING INC.
17 December 2004 - MBA Holdings Inc
MBA Holdings Inc. has entered into an agreement with Western Funding Inc. to provide dealer financing options for the membership of MBA''s subsidiary, the National Motorcycle Dealers Association (NMDA).
Western Funding has more than 40 years experience as a sub-prime lender, successfully providing an alternative source of funding for dealers whose consumers histories preclude access to grade A or B credit lines. The NMDA continues to assemble a full range of financial products and consumer financing options for its member dealers. In addition to the provision of credit sources for highly qualified individuals, the NMDA feels the participation of Western Funding is a very important addition to the financing options available to our dealer network. Access to a full scope of financing sources geared towards varying consumer credit profiles ensures NMDA dealers are able to best maximize their sales opportunities to their customer base. Western Funding is a nationwide finance company that purchases retail installment sales contracts from motorcycle dealers. The NMDA will market Western Funding to NMDA members. From each contract purchased by Western Funding through Association Dealer Members, the NMDA will derive a percentage commission.
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For December 2004
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