Dealers can now focus on what they do best – selling – rather than on shopping multiple finance companies.
Wausau, WI (PRWEB) August 12, 2013
Foundation Finance Company (FFC), one of the fastest-growing consumer finance companies in the country, today announced the addition of a “superprime” pricing tier designed to compete with other nationwide, prime-credit lenders.
“Our second-look home improvement financing programs for near-prime and subprime customers have been hugely popular for home improvement dealers because most home improvement lenders approve only the ‘perfect customers’,” says Andrea McCullion, senior vice president of marketing for FFC. “But they left a lot of creditworthy customers on the table that FFC can approve.”
In order to streamline the process for dealers, FFC has launched a new pricing tier for the strong “A” credit, superprime customers that typically get approved by these larger lenders. Dealers now have access to reduced interest rates and promotional fees that meet or beat those types of programs for their best customers, plus full access to the B, C and D credit programs that can help them close more sales.
“Dealers can now focus on what they do best – selling – rather than on shopping multiple finance companies,” continues McCullion. “They can still get the best pricing on their best customers, but they also now have a one-stop program to give them access to additional approvals for near-prime and subprime customers as well, which adds to their bottom line.”
About Foundation Finance Company
Foundation Finance Company is a sales finance company specializing in unsecured home improvement financing programs for sales under $25,000. FFC’s products include revolving lines of credit, installment loans, same-as-cash and deferred payment plans and full-service credit approvals for superprime, prime, near-prime and subprime credit profiles. For more information on FFC’s dealer enrollment process, visit foundationfinance.com or call 855-241-0024.