KoraDrive’s innovative financing solutions open doors for customers with limited or no credit history, offering auto loans at competitive rates.
Larger Approvals
Loan amounts start at $5k, but we regularly finance loans at $35k and above, with no upper limit.
More Customers
Partner with Kora to broaden your customer base and ensure that financing obstacles never turn a customer away. Learn more about our customer eligibility and state coverage here.
Make More Money
No Dealer Fees
Some other lenders charge dealers extra fees in order to fund deals. KoraDrive doesn’t.
Earn Commission
KoraDrive Dealers earn commission on every funded loan.
Fast Approvals & Funding
Easy Application
Our dealer portal streamlines the application process, enabling you to submit customer applications swiftly and receive immediate decisions.
Same-day Funding
Once we receive the signed loan agreement and necessary documents, we can fund a loan within 1 business day.
How to close a deal with KoraDrive
Create a Dealer Account
Get in touch with a KoraDrive Dealer Relationship Manager to create a Dealer Portal account.
Submit an Application
Once inside the Dealer Portal, you can create applications for customers, receive instant underwriting decisions, and track statuses and requirements post-approval.
Fund the Loan
After receiving the required funding documents, we will disburse the loan along with your commission within one business day.
†KoraDrive had a 96% approval rate for financing applications between January 1 2024 and March 22 2024. Successful approval is dependent upon credit and other factors and do not guarantee that you will be approved for a KoraDrive loan.* The Kora Visa® Prepaid Card is issued by Pathward®, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. Card can be used everywhere Visa debit cards are accepted. No ATM Access. Your funds are FDIC insured up to $250,000 through Pathward, Member FDIC. Register your Card for FDIC insurance eligibility and other protections.1 KoraCash and KoraDrive are not Pathward or Visa products or services.2 This optional offer is not a Pathward product or service nor does Pathward endorse this offer. Kora Rewards are powered by Cardlytics.3 While this specific feature is available for free, certain other transaction fees and costs, terms, and conditions are associated with the use of this Card. See the Cardholder Agreement in the Kora app under KoraCard settings for more details.4 These testimonials are not reflective of any Pathward products or services.5 For qualified applicants, a decision will be made instantly upon submission of an application. Timing for decisions are subject to delays due to verification errors or application submission errors; in the event of the occurrence of these errors, a decision could be made at a later date.6 For users who choose to have funds disbursed to their KoraCard, due to account security some new users and larger amounts might take longer than average. Typically, 83% of users receive their funds within 10 minutes and 95% of users receive their funds within 30 minutes. Other disbursement method may take longer.7 Valid .edu email and enrolled or graduated within 3 years from eligible U.S. college or universities where Kora products or services are available.8 By continuing with the enrollment process, I agree to a hard credit inquiry, which will show up on my credit report and could affect my credit score.
Westbon Inc. (dba Boro) NMLS No. 1635300. NMLS Consumer AccessSouth Carolina Consumer Rights and Responsibilities PamphletMichigan Regulatory Loan License (RL-0020249), effective February 12, 2016, issued by Department of Insurance and Financial Services. Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521