The Recipe for Funding Auto Dealers Faster

by Dealertrack on September 17, 2019

The old saying is that too many cooks spoil the broth. But when it comes to finding ways for lenders to handle large volumes of paper contracts until the auto industry fully transitions to electronic contracting, some extra help in the “kitchen” can make all the difference. Taking the measure of the industry Today, the au...

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Expedite Contract Processing Regardless of Workload

by Dealertrack on August 13, 2019

eContracting has made it so indirect auto lenders can process contracts and fund their dealers faster. Unfortunately, many dealers haven’t given up the paper contracting habit yet, so lenders must find ways to beef up their contract processing on two fronts. It can be a challenge for lenders to deliver faster funding for paper contract package...

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How Lenders Can Get the Lion’s Share of their Dealers’ Loans

by Dealertrack on July 9, 2019

What’s the number one way for a lender to add value for their dealer partners? Faster funding. In today’s automotive marketplace where profit margins are crunched and sales have plateaued, auto dealers are looking for ways to free up cash flow and preserve their bottom line. Naturally, they prefer to work with lender partners who can be part...

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Faster Paper Contract Processing for Lenders

by Dealertrack on June 18, 2019

The car buying process is getting more digitally connected with each passing year, yet most dealerships are still finalizing purchase contracts on paper. During this time when contract processing is a hybrid of traditional and paperless, it’s still possible for lenders to take some steps that will help them prepare for fully digital contracting....

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