Foundation Finance Blog
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Working in an increasingly online, mobile world means embracing new technological trends that can save you and your customers time and money. Foundation Finance Company is now launching its “Kwik-Sign” digital signature program for loan document completion. Of course, dealers always have the option to complete loan documents by hand using hard copies or to […]Read More
It’s a new year … time for resolutions to be made and a great time for change. It’s also a great time to review what is and isn’t working for you when it comes to your consumer financing programs. Here are a few ideas to help you start the new year right! 1. If you […]Read More
When dealing with a one-stop financing program, like the one offered by Foundation Finance Company, dealers often want to know how to minimize their discounts. For a finance company who offers full service A, B, C and D lending, there is a fine line between discounting enough to cover real losses and staying competitive with […]Read More
“Chop shop.” That’s a term some dealers use to describe a finance company that offers discount financing programs. Doesn’t sound very positive, does it? But without discount programs, many customers would not qualify for financing … which means fewer sales can be closed. And fewer sales means lower profits. What is discount financing? Many banks, […]Read More
“6 months same-as-cash.” “No payments for 90 days.” “Payments as low as $49/month.” Why do you think “Big Box” retailers like Best Buy or Home Depot are always advertising their special financing promotions? Because it works. Actively promoting financing plans helps attract new customers and to get those “on-the-fence” buyers to say yes. The most […]Read More
Most people know a little bit about credit scores and understand that having a good credit score is important for a variety of reasons. Without a good credit score, it is difficult to borrow money, get insurance and even find a job. But a person’s credit score is not the only factor lenders consider when […]Read More
You’ve probably seen the offers in furniture stores, “Big Box” retailers and doctor’s offices: “No payments for 90 days” or “12 months same-as-cash.” Dealers and retailers across many different industries have learned that deferred payment or same-as-cash promotions can be a powerful sales tool that not only helps them sell more, but also benefit their […]Read More
Thanks for visiting our website. If you are looking for competitive consumer financing programs for both prime and subprime customers, you have come to the right place. Learn more about our programs by browsing the links at the top of the page or give us a call at 1-855-241-0024 to speak with a representative. About […]Read More
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