Our Dealer Capital Finance Program
September 2, 2009 · Print This Article
Would your dealership like to make an additional $500 – $2,000 gross per deal?
The last year has been especially difficult for Auto Dealers. Tight credit and frequent line 5 calls have caused a significant decrease in gross revenue on contracts.
Whitebox has developed an innovative financing and collections program targeted to assist dealers in recapturing additional gross revenue per deal. Our Dealer Captive Finance Aftermarket Program allows dealers to finance, carry and collect almost any aftermarket program or product for their customers. Whitebox will allow dealers to carry up to $2,000 additional dollars at a term of up to 24 months using this program.
Program Highlights:
- Allow customer to finance up to $2,000 additional gross. Terms range from 3 to 24 months.
- Flexible payout to dealers allows for daily, weekly, or monthly funding on individual or aggregated payments.
- Electronic contracting of the customer The Whiteform system allows for generic or customized electronic contracting using our web-based Whiteform Processing System and electronic signature pad. Our system increases ease of use in F&I, reduced errors, and allows for more dealer profit.
- Superior collections The core of the Whiteform system is its management of automated collections, tracking and processing. Any late payments or NSFs automatically get directed to our experienced collections staff for immediate, proactive collection.
- Flexible Payout solutions Monthly payouts on collected fees can be divided and forwarded to any number of users or accounts allowing for immediate and easy payments to agents and F&I managers. Whiteform can customize a payout schedule that works for your business case.
- Simple to implement and use – Whiteform allows the F&I department to complete a transaction within 4 minutes. Whitebox manages the processing and remittance automatically, making dealer administration simple.
- Whiteform manages collection and payouts automatically based upon customized rules established by the dealer.
If a dealer can sell it, then Whitebox will contract, finance, and collect for you. A few uses include:
- Pure Gross
- Environmental and paint Protection plans
- Undercarriage coating
- Wheel and tire
- Etch
Comments