Business|Financing
The Web Finance Direct Guide to Indirect Lending
Throughout the American economy, financing continues to play a major role. For many consumers, the ability to borrow money to pay for their purchases over time gives them the flexibility they need, especially when it comes to more expensive, big-ticket items like cars, RVs, and boats. Take the RV industry, for example. As of 2021,…
Read MoreBuilding Your Loan Portfolio: How Indirect Lending Can Play a Key Factor
The ever-changing lending environment presents a number of challenges to banks and credit unions. When establishing and managing your vehicle loan portfolio, it is critical to maintain the proper balance. This will not only help you increase your bottom line, but improve your client retention and relationships as well. That is where indirect lending comes…
Read MoreLoan Processing: What It Looks Like for Dealers & Lenders
Loan Processing: What It Looks Like for Dealers & Lenders As any loan processor may tell you, processing a loan application is, to put it lightly, an extremely thorough process with specific requirements and deadlines to keep up with. Much like a loan process at a bank, a third-party loan process works in a similar…
Read MoreThe Top 5 Benefits of Offering Flexible Boat Loan Options
Flexible financing options are an important offering for any dealership looking to maintain high customer satisfaction. This includes boat and marine dealers! Working with a trusted F&I services company like Web Finance Direct is one of the best and easiest ways that boat dealers can expand their boat loan offerings and provide the best boat…
Read MoreDealers Seeking Indirect Financing: Start Here
In today’s market, the ability to offer financing options is essential for maintaining a successful dealership. This has become an increasingly valued selling point for consumers, and if you don’t offer some sort of financing—whether that’s direct dealer financing or indirect financing—you’re likely to lose to your competitors who do. Beyond staying competitive, what are…
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