Founded in 1987, Coastal Credit, L.L.C. is a private company located in Virginia. It is a finance company specialized in purchasing contracts from new and used automobile dealerships. The company has purchased contracts in Alaska, California, Delaware, Florida, Virginia and many other states in the United States. The company s customer base is in the secondary used car market, and it purchases loans made to military and civilian consumers. It also purchases contracts on a point of sale basis and acquires buy-here pay-here loans through portfolio acquisitions. The company offers a wide array of dealer services, such as dealer agreements, loan packages and individual forms for funding checklist, credit application for civilians/military, insurance verification, authorization and release form.