Dealer Sign up Checklist

 

Dealer Sign up Checklist

Veros Credit Dealer Sign up Checklist


STEP 1

  • You will be setup with our Loan Originations system “Defi” to immediately have access to work your deals.
  • Gather all required dealer documents.

Dealer Checklist:

Before Signing MDA

  • Owner(s)/Dealer Principal(s) Personal Information (If dealership type is not Franchise)
    • First Name
    • Last Name
    • SSN
    • Address
    • City, State & Zip
    • Percentage of Ownership
    • Identification/Driver’s License State
    • Identification/Driver’s License Number
    *Same for all owners with 10% or more of ownership
  • Copy of owner’s driver Identification/Driver’s License (All that apply)
  • Copy of DMV license
  • Copy of Dealer Bond
  • Copy of Dealer Sales Tax permit
  • Copy of Articles of Incorporation and/or Secretary of State printout
  • Copy DBA filing and/or Fictitious name (if applicable)
  • VOID check to be matched with signed ACH form
  • Dealer inventory list
  • Clear Photos of the dealer lot (Multiple angles: Front Line, Lot with Inventory, etc.)
  • Copy of authorized signers driver license (if applicable)

After Signing MDA

  • Signed authorized signers form (if applicable)
  • Copy of authorized signers driver license (if applicable)

You may submit your documents using any of the options below:


STEP 2

  • Dealer Support may need to contact you to obtain additional information to complete your application.
  • You will receive an invitation via e-mail to digitally sign Veros Credit's Master Dealer Agreement "MDA" using docusign.

*You may get more information regarding digital signatures at www.Docusign.com or "About Docusign".


STEP 3

Once we have received your fully signed MDA and required dealer documents, we will complete the review process activate your dealer account upon approval.