r3 web presentation
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 [email protected]
with the subject line “Sign Up” to get started.
www.rcubelink.com
Recreation Retail Resource