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.
1 See https://help.koramoney.com/what-vehicles-are-eligible-for-koradrive for vehicle eligibility.2 The Annual Percentage Rate (APR) is the cost consumers pay each year to borrow money, including fees, expressed as a percentage3 By submitting an application, you agree to and confirm your consent to (a) receive Communications electronically; and (b) the use of electronic signatures. If you choose not to consent or if you withdraw your consent, you may be unable to submit an application with us.
Westbon Inc. (dba Boro) NMLS No. 1635300. NMLS Consumer AccessMichigan 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