Exiting Subprime Powersports Lenders Could Spur Dealer Co-Signers
Shared-risk recourse financing — when the dealership guarantees the paper, and essentially co-signs the loan — between dealerships and lenders ...
Tag: Ross Motorsports
East Texas Dealer Eyes Lenders to Bulk Up Millennial Loan Approvals
Ross Motorsports is on the lookout for lender partners, particularly those with financing programs for millennial buyers, in an effort ...
Ross Motorsports Doubles Finance Income, Partners With MB Financial
Ross Motorsports doubled its finance income garnered through its seven lender partners in 2016, as compared with 2015, and expects ...
Powersports Dealers Alter F&I Strategy to Adapt to Millennial Buyers
Powersports lenders are struggling to adapt to millennial buyers entering the market as the baby boomers age out, which has ...
Powersports F&I Brokers Might Gain Ground Amid New Lending Programs
Multi-line powersports dealers might start replacing finance managers with F&I brokers, particularly as manufacturers continue to launch retail finance programs ...
Dallas Credit Union to Finance Side-by-Sides in 2017
M 1400 Advancial Federal Credit Union will “muscle up” its powersports financing program in 2017 by including side-by-sides and ATVs ...
Texas Dealer Focuses on Lender Relations to Avoid Customer Flipping
Ross Motorsports is setting its sights on forming “good relationships” with lender partners, in order to prevent customer flipping, Finance ...
