Wisdom Financial

Wisdom Financial #1 financial company offers the best Auto Finance, Reviews, Financial Services, Commercial Banking and Auto Financing services in Great Neck, NY.

WISDOM FINANCIAL services both new and used car dealers. We originate, purchase and service retail automotive installment contracts.

Wisdom Financial WISDOM FINANCIAL originates, purchases and services retail automotive installment contracts.

Wisdom Financial Expands Into New Jersey with Its Smart Fund® Program to Help Automotive Dealerships with Automobile Financing

Great Neck, NY – Wisdom Financial (“Wisdom”) has announced today that it is expanding into the New Jersey marketplace with its Smart Fund® Program. The cornerstone of the Smart Fund® Program is to partner with dealerships to get their customers financed, achieve a fast inventory turnover in an anemic economic environment, and share in the profitability of the financed transaction. While there are specific credit parameters in the Smart Fund® Program, there is more a focus on compensating factors rather than on a credit score. The minimum amount eligible for financing is $4,000 while the maximum is $20,000.

Wisdom Financial, as a licensed sales finance company, sources its credit applications from automotive dealerships through the industry-leading portals of DealerTrack. It is the vision of Wisdom to pursue a slow, controlled growth in selected Northeastern States over the next two years.

“With the persistence of the credit crunch, we are proud of our accomplishment in New York where we have partnered with dealerships to finance customers,” said Mr. Armin Baratian, President & CEO of Wisdom. “We are, indeed, looking forward to enroll dealerships into the Smart Fund® Program in New Jersey and help them enjoy the same success as the dealerships in New York,” added Mr. Baratian.

Wisdom Financial has recently obtained its license from the Department of Banking and Insurance to operate as a licensed lender in the State of New Jersey. It is actively pursuing its sales company license and/or authority to conduct business in the following states: Pennsylvania, Maryland, Virginia, Delaware, Massachusetts, Rhode Island, and Connecticut.