Taming the subprime segment: How alternative data builds profits, reduces risk
Banks, credit unions and captive finance companies have tended to shy away from underwriting subprime auto loans, leaving that side...
The loan management system: Best option for keeping cashflow king
Maintaining a steady, positive cashflow is essential in any business, and it is especially important for automobile lenders who constantly...
Building success through prequalification
Prequalification has long been a method automotive lenders use to lock in buyers before they even arrive at a dealership....
SaaS-based lending automation crucial to hybrid workplace
When the world made the shift to remote work in 2020, automotive lenders quickly migrated business functions to online models,...
How a flexible cloud LOS manages electric vehicle incentives
Lenders who want to capture business generated through government EV incentives can leverage loan origination technology to motivate customers —...
Automation gives lenders clear advantage over competition
The past six months have been anything but normal for the automotive industry. Pandemic-driven chip shortages are still constraining inventory,...
