Dealers
Smart dealers all over the country are recognizing the potential to grow their business -- even in these challenging times -- by investing in their own captive finance company. The credit crunch hasn't diminished America's need for reliable used cars, but it has made it difficult for many consumers to purchase them. A captive finance company for your dealership can help you close deals you lost in the past because of trouble securing financing.
Captive financing solutions from SAFCo Portfolio Services allow dealers with a strong track record to serve more customers by putting their good name to work in the used car market. You can sell more cars and create an additional revenue stream that supports your core business, while keeping staffing and fixed costs down.
SAFCo Portfolio Services takes the complexity out of captive finance by handling your customer service and collections work, including welcome calls and letters, payment inquiries and posting, title follow-up, insurance coverage tracking and claims management, repossession administration, and comprehensive detailed reporting. Our collection professionals can communicate with your customers in English, Spanish, French and Creole, and predictive dialers ensure maximum contact. Our secure website and interactive voice response system (IVR) allow your customers to access their accounts online or over the phone 24/7 so you never miss a payment.
Don't think your F&I manager would make a bad loan just to close another deal? Think again!
For real control of your investment, allow SAFCo Portfolio Services to administer your purchase policy. Ensure credit decisions are made consistently, without regard for bonuses or this month's goal. We'll help determine your acceptable level of risk, and tailor a pricing and purchase policy to cover those risks, or we can approve your loans under our proven, proprietary scoring system. All applications go through a rigorous underwriting and contract verification process to ensure you get the loans you’re paying for.