About FinCo
FinCo In The News:
SubPrime Auto Finance News 03.05.2009
PowerSports F&I 05.13.2009
Auto Dealer Monthly 05.19.2009
Automotive Digest 05.26.2009
Dealer Marketing Magazine 07.08.2009
Auto Success 07.09.2009
SubPrime Auto Finance News 07.30.2009
BuyHere-PayTHERE Now Available in 30 States 07.08.2009
F&I Magazine Special Finance August 2009
Industry News:
CAC claims to receive $1.50 or more for every dollar it lends out. Click here to read the article.
Fewer Subprime Borrowers Get Approved For Auto Loans Click here to read the article.
NABD's Shilson Offers Insight Into Benefits of Payment Devices. Click here to read the article.
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FinCo Management is a financial services contractor in the automotive industry. FinCo is not a lender and accepts no credit risk.
FinCo provides Business Process Outsourcing (BPO) for dealers or other entities wishing to extend credit to consumers for the purchase of a motor vehicle.
As an aggregator of services, FinCo allows even low volume dealers to take advantage of the very best tools and services in the industry.
OUR PHILOSOPHY
Our business is to protect your bottom line. When you decide to work with us, we really are YOUR finance department. You are the lender, using our professionals to run your finance department. We provide you with everything you need to extend credit on your own terms, and we do all the work for you. We provide you with an extensive automated reporting suite so you always have access to every detail of your portfolio's performance. We go the extra mile to educate your customers so that they understand the details of their contract and the consequences to their credit if they do not pay on time. Our experience has proven that informed customers are paying customers. As financial partners our interests are aligned, and we are here to look out for your bottom line. If you don't get paid, FinCo doesn't get paid.
OUR SERVICE PROVIDERS
Aarons Grant & Habif One of the most respected accounting and business advisory firms in the Southeast, AGH has served clients nationally and internationally for more than 30 years. AGH handles FinCo's corporate accounting.
Carleton Calculations Carleton Calculations has been the source for mathematical computations to the financial and credit insurance industry for more than 30 years. They provide innovative financial solutions that save valuable time and ensure regulatory compliance and accuracy.
CompliSource CompliSource offers an efficient and cost-effective method for managing state law compliance governing Consumer Finance and Mortgage Lending. CompliSource provides tools to help you proactively respond to legislative changes and reduce your risk of litigation.
Fiserv Fiserv is our servicer. A five billion dollar Fortune 500 company, they are the largest servicing agent for automotive finance in the United States. Fiserv is a full service business solutions provider they perform all aspects of our contract servicing - including billing, payment collection, customer service, title management, bankruptcy proceedings, repossession, and post-repossession recovery.
Greystone Solutions Greystone Solutions is an established business and technology solutions provider. They create and deploy solutions that deliver competitive advantage and improve business performance.
Intercede Intercede Services provides the industry's most comprehensive solution for consumers to report concerns regarding the quality of service and treatment received from businesses. Through secure, anonymous web-based tools, Intercede allows FinCo's dealers and customers to communicate concerns and receive responses and solutions. The Intercede incident reporting solution is used by almost 100 major corporations worldwide.
McGlinchey Stafford McGlinchey Stafford is a multi-state 150+ member law firm specializing in consumer and commercial lending operations.
MetaSource Imaging Metasource is the imaging company that manages our documentation. They scan, index, and archive all contract documentation securely, so you have access to it when you need it.
Monetrics Monetrics is our underwriter. Owned by World Omni, Monetrics is a leader in automated risk decisioning and analytics, reducing the risk in indirect loan automation and portfolio analysis to improve bottom line results. Monetrics provides you with an intelligent risk-based recommendation - the final decision on whether to take the deal is all yours.
Seachange Group Seachange is an independent trusted advisor, partnering with leadership teams to drive transformational changes, achieve operational excellence and deliver breakthrough results.
Wilson Technologies Wilson Technologies is our information manager. They host our website, dealer front end application, booking operations, databases, and document production.
OUR PEOPLE
Toby Reiley-TReiley@FinCoManagement.com
As president and managing partner, Toby created FinCo Management founded on his vision of integrating world class partners and services. Toby has an extensive background in the automotive finance industry, specializing in product development, marketing, and data management. Toby created Monetrics, the fifth method of consumer underwriting, which is now considered the best tool in the industry for underwriting consumer auto credit. Monetrics is now owned by World Omni and is the underwriter for FinCo Management. Since completing the technical integration of the FinCo solution, Toby is focused on perfecting operations and marketing. Toby holds an AB in Engineering Sciences and Environmental Studies from Dartmouth College.
Jay Hole-JHole@FinCoManagement.com
Jay brings over twenty years of experience in consulting, supply chain management, and operations. He has worked with small and large companies, including companies in the automotive industry. Clearly one of the company's analytical experts, Jay oversees FinCo's Information Security policies and is in charge of developing, implementing and providing user accessibility to the extensive financial and transactional reporting systems that FinCo Management provides. Jay makes sure the appropriate level of detail is reported to everyone who needs it - on time, on target, and in easy to understand formats. Jay holds an AB and a BE in Engineering from Dartmouth College, as well as an MBA from the University of Michigan.
Lisa Folger-LFolger@FinCoManagement.com
Lisa has one of the most diverse backgrounds in the company. She has owned her own business, worked in television, customer service, and technical support. Lisa's experiences deliver a unique perspective to our Dealer Relations program with the goal of making sure your portfolio performs. Lisa, with our team of Account Agents, ensures that the documents coming from your store(s) are done correctly to protect your dealership's financial investment. Lisa holds an Associates Degree in Liberal Studies from the Community College of Vermont.
Courtney Bridges-CBridges@FinCoManagement.com
Courtney has a technical and customer service background in financial services and credit based lending. Courtney is responsible for dealer marketing and managing the marketing and creative departments. She holds a BA in Philosophy from the University of North Carolina at Chapel Hill.
Kerry Gauch-KGauch@FinCoManagement.com
Kerry has an extensive marketing background in real estate development. Kerry is responsible for creating FinCo's marketing campaigns and managing the interactive marketing department. Kerry holds a BA in Business from Saint Anselm College.
Chris Dowd (Advisor)-CDowd@FinCoManagement.com
Chris is the consummate deep subprime auto lender. After nearly thirty years at GE Capital and five years of expert witness legal consulting in the subprime arena, Chris is the definition of a smart and seasoned auto lender. He has seen the cycles in the market and knows how to partner with the consumer to get the job done for all parties. Chris is an advisor to FinCo Management on credit and servicing operations. Chris holds a BS in Finance from the University of Oregon.