Finio, Inc., a digital lending and F&I platform for RV dealers, released its multi-lender credit application web plugin. The plugin enables customers to get approved in minutes.
Finio Chief Operating Officer Nick Stellman said, “Credit discovery is quickly becoming an integral part of a customer’s online research. Rather than leaving things up to chance, buyers can now secure firm offers of credit before they set foot into the showroom.”
As an online F&I solution, Finio facilitates a real-time process between dealerships, lenders and their customers. Participating dealers can set up their own roster of lenders, submission waterfall, markup rules and fee structure.
Authorized dealership users can access transactions in real time through Finio’s Sales and F&I Portal. Likewise, lenders benefit from smart lender routing based on their credit appetite, resulting in incremental volume while generating increased efficiencies and lower compliance risk, Finio said.
Finio CEO Andy Hinrichs said, “We help generate deep funnel deals in an ecosystem that is reliant on financing and leasing. With lender approved deals in hand, retailers can better target their customer outreach based on true purchase intent and customers’ financing capacity.”
Finio’s multi-lender digital finance engine can be integrated with any RV website and online marketplaces.
