The ACH Bonus Advantage—Are You Using It? - Foundation Finance

The ACH Bonus Advantage—Are You Using It?

Construction worker standing with money in his hand

Are you offering an ACH payment option to your customers? If you’re not, you’re literally losing money on your deals.

Simple Convenience with a Beneficial Bonus.

Your customers are familiar with automatic payments. In fact, many prefer it to avoid a missing or late payment and potentially strengthen their credit scores. So it’s a simple question to ask when you’re finalizing the financing. “Do you want to set up automatic payments?”

The convenience lands on the customer, but the bonus lands on you! Foundation Finance is one of the only finance companies that pays a 1% bonus on Tier 1 and Tier 2 customers and a 2.5% bonus on Tier 3 customers if the dealer simply enrolls the customer in automatic (ACH) payments*.

Make Money on the Deal!

The math is simple. Our Tier 1 and Tier 2 approvals are 100% bids. The only fee would come from using a promotional program that has a dealer fee. If you don’t use a promotion or choose a promotion with no fee, you are paid 100% of the amount financed. Which means—you can be paid 101% of the amount financed by just signing up your Tier 1 and Tier 2 customers with automatic payments.

Stop leaving money behind! Ask the automatic payment question with every financing discussion.

 

*ACH bonus not to exceed $250 per customer enrolled. Complete ACH information must be provided with contract documents and customer must verify info during the verification call. 


Leverage the selling power of competitive and convenient financing–every time you call on a customer! Contact us today for more info: 1-855-241-0024, [email protected].

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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