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Mr. Chuck Bonanno
Executive Vice President, Leedom and Associates, LLC
Email
800.966.8733
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Chuck Bonanno, Executive Vice President
Chuck Bonanno is Executive Vice President at Leedom and Associates, LLC.
He is an Independent Dealer Twenty Group Moderator. He moderates
twenty groups whose members are involved in the Buy Here-Pay Here
and Automotive Finance industry. He is a nationally recognized Buy-here
Pay-here trainer and conducts workshops and seminars for dealers and
their staff. He is also an industry expert and consults with many of the
top Buy-Here pay-Here dealers in the country. He has been a speaker at
the NIADA National Convention and he writes articles for several industry
trade publications.
Chuck began his automotive career over ten years ago as a Senior
Officer for a BHPH dealer in St. Petersburg, Florida. In 1991, his dealer
was chosen NIADA National Quality Dealer of the Year. Chuck was
instrumental in the profitable growth of that operation to a size of four
BHPH locations and one conventional location by the end of 1996. He was
responsible for a loan portfolio of over $7.0 million. He was also instrumental
in securing one of the first Lines-of-Credit made available to BHPH dealers
by FINOVA Capital Corporation in 1994.
In 1996, Chuck’s organization merged with three other large independent
dealers to create a publicly held company known as Smart Choice Automotive
Group. Chuck was given the responsibility of managing and profitably growing
the loan portfolio achieving the position of Executive Vice President. He grew
that loan portfolio from $15.0 million at inception to over $130.0 million in just
three years. He was responsible for a staff of ninety people including a team of
fifty collectors. He was also responsible for a $100.0 million Line of Credit and a
$4.0 million Floor Plan. Chuck consistently exceeded industry standards for charge
off and delinquency.
Chuck resides in Sarasota, Florida with his wife, Chase and daughter, Chandler. You
may reach him at 800.966.8733 or via email by clicking here.
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