Earn more money with the assets you have
- Take advantage of the existing application flows already being processed.
- Improve the profitability of your lending operations.
- Increase return on assets and profitability.
Significantly increase your vehicle lending volumes
- Provide more auto loans outside your normal prime lending guidelines.
- Approve loan applications being declined today AND book more approved and conditioned loans.
Pre-packaged third-party auto loan default insurance
- High-quality default protection insurance that allows you to manage and share risk effectively.
- Mitigate risk while still offering attractive rates.
Be up and running in weeks, not months.
- No costs to implement (no implementation fees, set up costs).
- Fast and easy to implement in 30 days or less.
Sophisticated analytics, customizable for your lending institution
- As the lender, you control all credit decisions.
- Configure your own specific costs and desired ROA.
Fair lending compliant
- Improved underwriting rules that identify qualified applicants in the near-prime and non-prime risk categories.
- An enhanced underwriting and pricing engine allows the lender to approve and price individual loans to fit the portfolio design and profitability targets.
Better service for borrowers
- Reduce down payment requirements that sometimes cause borrowers to secure financing through the dealer.
- Improve auto dealer loan volumes and stronger relationships.
- Expand sales of auto loan related products (GAP waiver, warranty, insurance).