r3 web presentation

Post on 12-Jul-2015

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Economy & Finance

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TRANSCRIPT

There is a credit

CRUNCH

Squashing your

PROFITS

as your customers get turned down

for financing.

The need to add local lenders

to increase your approval

percentages is a given.

The question is how do you

accomplish this in a manner that

actually works?

The answer is

R3 is the online finance application connection.

Recreation Retail Resource

R3 – A Strategic Resource

Why does it work?-OEM sponsored financing programs result

in a high % of turn downs with rigid

guidelines.

-You need to add local lenders to your

portfolio to bridge the gap to allow more

deals to be funded.

Increases finance

approvals…

Reduces risk…

Saves time and

money…

-Secure password protected web

submission and storage of your customer’s

sensitive information.

-Fax only systems increase the likelihood

of your customer’s personal information

falling into the wrong hands.

-You input the application into R3 once

and can instantly submit and re-submit to

your list of lenders.

-This allows for more applications to be

submitted in less time and greater

efficiencies from the F&I department.

All Lenders in your market

R3 – A Strategic Resource

How does it work?

Easy Sign Up…

Start submitting

applications on-

line…

Communicate and

manage information

all in one place…

-We load your lenders into the system so

they are ready for application submission

immediately by the click of a button.

-You add and subtract lenders at any time

to assure that you have the ideal portfolio

for your dealership.

-The simple Control Panel allows you to submit applications, communicate with your

lenders, and store information all in one place.

-Contact us and we assign you a username

and password to sign on at

www.rcubelink.com.

R3’s Simple Effective

System

2) Lender receives email

Alert and retrieves App

3) Lender Processes App and

Sends electronic notice to

Dealer

4) Dealer receives email Alert

Proceeds to close the sale.

1) Dealer Inputs App on

www.rcubelink.com

user

password

Enter applicant’s information

Customer e-signs the app

Insert notes to be sent real-time directly

to the lender rather than having to make

unproductive phone calls.

Efficiently receive status

updates and your approvals!

R3 Addresses a Top Industry

Challenge

Powersports retail sales have been in recent decline largely due to lack of consumer financing.

R3 can help bridge this gap by increasing the % of applications accepted.

National indirect lenders alone will not allow you to reach your maximum profit potential.

The Cost

Small Set

up Fee

$200

Low

ongoing

monthly

fee

$49.99

Keep Your Edge

Your competition is likely on the R3 system.

If you have not identified local lenders

and added the R3 resource, profits are

literally walking right out the door.

Email support@rcubelink.com

with the subject line “Sign Up” to get started.

www.rcubelink.com

Recreation Retail Resource

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