WHAT YOU CAN EXPECT:
FinCo Management is unlike any other finance company you have ever dealt with. We allow you to approve and finance your own deals, without a lender involved. With no cost to sign up, no monthly minimums and never a percentage charged against your principal, why not sign up right now? When the next qualified subprime customer walks through your door, you will be ready to turn a Smart Deal into a Done Deal. As a dealer financing your own deals through FinCo, you can expect the following:

NO Sign Up Fee
Unlike other subprime finance companies, FinCo has absolutely no sign up fee. Sign up now to use our BuyHere-PayTHERE system, so when the next subprime buyer with cash walks into your showroom, you will be prepared to turn that Smart Deal into a Done Deal. There is an origination fee of eighty-five dollars per deal, and it is automatically deducted from the customer's first principal payment.

Condition and Approve Your Own Deals
Once you have qualified the customer with enough cash to cover your ACV in the car but whom you cannot get financed, you can finance them yourself. You avoid conditioned approvals, avoid big discounts, and control the amount financed when you finance the deal yourself through FinCo. After all, the customer is in your showroom, it is your customer, your relationship. Make it your decision to take the Smart Deals and turn unbankable buyers into appreciative customers who will refer more business to your store.

FinCo Collects and Verifies Your Funds For You
When your customer makes their monthly payment, we verify the funds are good before depositing them directly into your bank account. Every payment is verified against non-sufficient funds, closed accounts, and fraudulent accounts. You can expect your first principal payment within 45 days of closing. That is thirty days until the customer's first payment is due, seven business days for checks to clear through the bank, and two business days for the ACH to credit your account.

FinCo's BuyHere-PayTHERE System is a Complete Solution
Continue to do what you do best - sell cars. We do the rest. Within seconds of submitting the customer's application to us online, you will be presented with a clear analysis of the deal structure and the underwriting results of the consumer's credit. You will have the tools to make an educated decision on whether this really is a Smart Deal. If you choose to approve the deal we will do the rest. In addition to the underwriting, we manage documentation, booking, preparation of monthly statements, payment servicing and collection, telephone customer service, title management, and when needed, repossession and remarketing.

Turn Wholesale Vehicles into Retail Profit
Why restrict yourself to wholesaling your trade-in vehicles? Turn them into a new profit center. Avoid wholesale costs and structure deals that other dealers cannot compete with. Without FinCo, a trade-in might cost you $500 to wholesale; financed with FinCo, this same trade-in can net you thousands in profit.

Red Flag Compliance
FinCo goes to great lengths to protect you the dealer and ourselves from any compliance violations, including Red Flag violations. We have a strict policy in place and expect all dealers we work with to have their own Red Flag policies.

With our Automated Reporting Suite You Always Know What Is Happening with Your Portfolio
As a dealer one of the most important things you can expect is to know what your portfolio is doing at any given time. We give you the ability to review your portfolio of contracts, check on your staff's operation (see who is originating how much, who is originating good deals, and who is closing deals that do not pay very well.) You are always able to view your cash flow, both historic and anticipated. These reports can be scheduled for automatic delivery via email daily, weekly, bi-monthly, or monthly.

We Focus on Collateral Based Financing (Versus Credit Based Lending)
Especially in today's volatile market no one can afford to turn away potential customers with cash just because they can't get credit. With some cash down you can still condition a profitable deal. The deals you make through FinCo are not credit based loans, they are sales contracts backed by the vehicle as collateral. Even if the customer does not pay all of their principal payments your cost in the vehicle is still covered by the cash at closing. We do everything to get your money to you, including repossessing the car when it makes sense. If you choose, we can also provide you with starter interrupt and GPS tracking devices to further protect your assets. Our business is to protect your bottom line - and we are motivated. If you don't get paid, we don't get paid.