First-payment protection for New Jersey dealerships
A missed first payment shouldn’t put the whole loan back on you.
BufferLoan covers your customer’s first payment — at 0%, paid straight to their lender — so the loan stays funded and there’s no buyback. They repay us the same amount over four months; your dealership pays a flat monthly subscription.
The first four payments on a car loan: payment one covered by BufferLoan, payments two and three paid, payment four on track.
Why dealers sign
No first-payment buybacks
When the first payment goes late, the lender can put the entire note back on you. BufferLoan makes that payment on time, so the loan stays with the lender — not back on your books.
Costs your customer nothing extra
0% interest, no fees. We pay their lender the exact first payment, and they pay us back the same number over four months. That is the whole arrangement.
Zero work for your desk
Hand them a card at delivery. The customer scans and applies; our team verifies with your dealership, pays the lender, and collects repayment. Nothing crosses your desk.
How it works
Scan
You hand your customer a QR card at delivery. They scan and apply in about 3 minutes.
Verify
We call your dealership to confirm the customer and check New Jersey residency.
Pay
We pay their first payment directly to the lender — before it goes late, at 0% interest.
Repay
They repay us over four months in monthly bank drafts.
Put a safety net under every first payment.
A 20-minute demo covers the customer flow, the dealer portal, and pricing.