We’ve done it again! Effective May 1, 2014, we’ve got great new options for our dealers to help you close more sales. Same-as-cash pricing has been lowered Give your customers the benefit of a same-as-cash program and keep more money in your pockets. Dealer fees have been lowered for all same-as-cash with payments and same-as-cash […]
Lower pricing to help you close sales! Read More »
What if you could virtually eliminate paperwork errors, save time handwriting loan documents, and make the signing process for your customers as simple as a few clicks of a mouse or swipes of a finger? Foundation Finance Company’s Kwik-Sign electronic loan document signing process does just that! Electronic Document Signing The process is simple: 1)
Electronic Signing – Save Time and Money Read More »
Many dealers are hesitant to make changes in their financing programs – even when those programs are no longer working or are costing them money they shouldn’t need to spend. In any other aspect of their business, a dealer would likely make a change to save money or to get better features, so why is
Don’t be afraid of change … Read More »
As the Little River Band says, sometimes you have to “take time to make time.” Great song lyrics, sure … but it works even better as a financing philosophy. Spending a little time learning your finance company’s policies, process and programs up-front can save you tons of time later by avoiding costly mistakes and paperwork
Take time to make time – the importance of financing training Read More »
Foundation Finance Company (FFC), one of the fastest-growing providers of consumer financing to the home improvement industry, has launched new “SuperPrime” programs designed to compete directly with the home improvement financing programs offered by Wells Fargo, GE Capital and other “prime only” lenders. “Our second-look home improvement financing programs have been hugely popular for dealers
New "SuperPrime" programs make full-service financing a reality Read More »
Taking complete credit applications is one of the most important things you can do to help improve your financing results. Unfortunately, a lot of salespeople don’t understand this and submit incomplete or inaccurate applications. Doing this jeopardizes your chances for an initial approval and increases the odds of a loan getting rejected during verification. Here
The importance of good credit applications Read More »
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
Embracing New Technology: Digital Signatures 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
Financing in the New Year 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
Making the most of credit approvals 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,
Discount financing … friend or foe? Read More »
For dealer use only. Not a consumer advertisement. All credit products are subject to credit approval. Rates, terms, conditions, and promotional programs may vary by dealer and are subject to change without notice.
Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").
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