2m Read 10 Takeaways to Move Automotive Lending Forward Recently, Isabelle Helms, Cox Automotive VP of Marketing Intelligence and Jonathan Smoke, Cox Automotive Chief Economist, presented an in-depth webinar for lenders outlining current economic and marke… Read More
5m Read Blog Solutions to Mitigate Common Auto Loan Portfolio Risks As of the first quarter of 2020, there were 116.46 million car loans in the U.S. In any market conditions, lenders require the right data and insights to effectively manage their loan portfolios. With… Read More
3m Read Blog Why Now is the Time for Auto Lenders to Go Digital Over the past several years, the paperwork and manual processes for handling auto loans have been gradually giving way to technology-based processes. But this year has changed everything. In the wake of the COVID-19… Read More
2m Read Blog 3 Reasons Lenders Shouldn’t Wait to Start eContracting Still wondering if you should be using eContracting for your auto loan originations? Let’s examine some of the reasons lending institutions should already be using eContracting or digital contracting. 1. eContracting is the new… Read More
1m Read eBooks Digital Contracting Lender Info Sheet Lose the paper, and gain the business - digital contracting optimizes review and approval for funding as fast as the same day. Read More
2m Read Blog The Recipe for Funding Auto Dealers Faster 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… Read More
2m Read Blog Stay Nimble and Accurate When Funding Loans Auto lending is a valuable service for dealerships, with 85% of new cars purchased in 2018 financed rather than purchased outright. Dealers require fast funding to stay cash flow positive, so it’s important for… Read More
2m Read Blog Expedite Contract Processing Regardless of Workload 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… Read More
2m Read Blog How Lenders Can Get the Lion’s Share of their Dealers’ Loans 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… Read More
1m Read Industry News Roundup: 6/28/19 This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Disruption is speed bump for auto sales – Credit Union National Association… Read More
2m Read Blog Faster Paper Contract Processing for Lenders 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… Read More
3m Read Paper Contracts Shouldn’t Prevent You from Fast Funding By Todd Hutto, Associate Vice President of Operations, Dealertrack Digital Document Services Even as more of the car buying process moves online and the desire for a digitally connected online-to-in-store experience grows stronger, many… Read More
