Automotive Capital Group Launches Three New Specialty Auto Finance Programs
AOCP Launches E-Commerce Websites AutoCapitalGroup.com and TitleLoanHelp.com
PHOENIX, July 6 -- Automotive Capital Group, Inc. (Pink Sheets: AOCP) announces today the launch of three specialty finance programs seeking investment opportunities in all aspects of the automotive retailing business including the new car, used car, wholesale, finance, and premium finance for insurance companies. The company's focus is profitable after-market segments with emphasis in the specialty finance aspects of the origination and purchase of motor vehicle sales contracts of purchasers bearing non-prime interest rates.
The company also announced the Internet launch of http://www.autocapitalgroup.com/ and http://www.titleloanhelp.com/. Both websites were created to market directly to the sub-prime credit market. The websites offer online applications for automotive loans, title loans, and refinance of title loans.
TitleLoanHelp.com is an innovative concept that the company is actively marketing online. Current title loans interest rates run about 295%. The websites are able to accept applications for automotive loans, title loans, and refinancing of title loans.
The company intends to offer the following rates: Commercial Premium Finance: 32% yearly Title Loan Finance Programs: 35% - 50% yearly Specialty Auto Finance: 29.9% yearly
Automotive Capital Group, Inc. is set up to operate through the following divisions:
1. Auto Capital Group (http://www.autocapitalgroup.com/) comprised of the Automotive Capital Group Inc. This division will finance individuals as well as auto sales companies to provide specialty loans on automobiles. AOCP now has the ability to provide auto insurance to bind the auto at the same time the auto loan occurs. This service is exciting for car dealers because they have the ability to finance the car and insurer it at the same time with one company. 2. Title Loans (http://www.titleloanhelp.com/), a new market that has recently sprung up in the past couple years. This division is looking to provide loans against paid-in-full autos and refinance current title loans at a discounted interest rate. TitleLoanHelp.com was created to offer buyouts of current title loans at 1/4 of the current rates. This division can be marketed to both individuals and the actual title loan companies that are looking to sell loan paper. 3. Premium Finance, our company has launched an aggressive program for Commercial Auto. About the company
Automotive Capital Group, Inc. (Pink Sheets: AOCP) was established in 2004 as a publicly traded automotive holding company seeking investment opportunities in all aspects of the automotive retailing business.
Contact Info: Stan Wilson Stan@autocapitalgroup.com 480-477-8050 480-477-8051 Fax