About FinCo
The FinCo Business Model
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Best People
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Best Concept
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Best Vendors
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Constant Improvement
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Results: the best platform delivers outstanding returns
FinCo Philosophy
FinCo Management is a team of proven and seasoned lenders, finance and capital markets specialists, engineers, managers, and entrepreneurs based in Marblehead, Massachusetts.
FinCo Management was founded to change the adversarial structure of sub-prime financing by aligning the interests of all three parties in a finance deal: dealer, consumer, and finance company. Designed from the ground up as a different kind of finance company, our philosophy is that FinCo gets rewarded to keep customers making payments. Rather than create an adversarial relationship between the dealer and the finance compnay with a single purchase price for each consumer Retail Installment Contract (RIC), both the dealer and FinCo get paid as the customer makes their scheduled payments. This kind of structure is aided in large part by the world class service we provide our clients. From portfolio acquisistion to writing and servicing contracts, our clients truly receive the best.
Where We Are Today
Utilizing extensive research, industry knowledge, and client feedback, FinCo Management continues to innovate deep sub-prime solutions to position its clients for success. Continually innovating and maintaining state-of-the-art solutions ensures that FinCo can give its clients a competitive edge both now and in the future.
FinCo's performance speaks for itself, striving to always best industry averages in loss ratio and reposession rates fo rhte notes it services.
