Banking on Quality | Woodside Credit

Banking on Quality

Discover how the Woodside Loan program can add strength to your bank’s portfolio.

Serving America's Community Bankers Since 2003

Woodside Credit makes prime quality loans to highly qualified borrowers for the purchase of classic and collector cars. We package and deliver those loans to client banks, helping them meet their goals of greater profitability, geographic spread of risk and loan product diversity.

Strength in Numbers

Loans Outstanding

With a 99.9% look-to-book for partner banks, we deliver efficient loan growth.

Annual Net Losses

A proven track record of high performance for over two decades.

30+ Day Delinquency

Woodside Credit’s Risk Management Department drives results.

Built on Sound Underwriting

The Woodside program starts with quality, taking a commonsense approach to the underwriting of credit applications that has consistently produced a high-performing portfolio for partner banks. Average demographics include:

Credit Score: 759
Time on Job: 13 Years
Time in Bureau: 21 Years
Homeowner: 91%
Age: 49
Median Income: $295k
Debt Ratio: 25%
Down Payment: 24%
Average Loan: $104k

Supporting Banker's Associations Nationwide

“Commonsense lending and our long term performance puts our Community Banking Partners in the driver’s seat.”

Mitch Shatzen, President and Chief Operating Officer

Put Woodside to Work for Your Bank.

Mitch Shatzen

*Monthly payment of $543.14 based on a purchase price of $50,000 with 15% down and 9.21% APR financing for 120 months. Monthly payment of $914.47 based on a purchase price of $100,000 with 20% down and 9.09% APR financing for 144 months. Monthly payment of $1,625.88 based on a purchase price of $200,000 with 20% down and 9.03% APR financing for 180 months. TT&L may also be financed. Not all applicants will qualify. Rates subject to change. All trademarks, logos and brand names are the property of their respective owners.

NMLS #960841 | CA Finance Lender License #6039423

*.Monthly payment of $2,442.60 based on a purchase price of $305,000.00 with 20% down and 8.78% APR financing for 180 months. Typical bank payment of $4,108.26 based on a purchase price of $305,000.00 with 20% down and 6.56% APR Financing for 72 months. Monthly payment of $1,578.04 based on a purchase price of $175,000.00 with 20% down and 8.81% APR financing for 144 months. Typical bank payment of $2,360.03 based on a purchase price of $175,000.00 with 20% down and 6.60% APR Financing for 72 months. TT&L may also be financed. Not all applicants will qualify. All trademarks, logos and brand names are trademarks are property of their respective owners.

NMLS #960841 | CA Finance Lender License #6039423