R3 Web Presentation

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R3 Web Presentation

  1. 1. There is a credit <br />CRUNCH<br />Squashing your PROFITS<br />as your customers get turned down for financing.<br />
  2. 2. The need to add local lenders to increase your approval percentages is a given.<br />The question is how do you accomplish this in a manner that actually works?<br />
  3. 3. The answer is <br />Recreation Retail Resource<br />R3 is the online finance application connection.<br />
  4. 4. R3 – A Strategic ResourceWhy does it work?<br />-OEM sponsored financing programs result in a high % of turn downs with rigid guidelines.<br />-You need to add local lenders to your portfolio to bridge the gap to allow more deals to be funded.<br /> Increases finance approvals…<br /> Reduces risk…<br />-Secure password protected web submission and storage of your customer’s sensitive information.<br />-Fax only systems increase the likelihood of your customer’s personal information falling into the wrong hands.<br />-You input the application into R3 once and can instantly submit and re-submit to your list of lenders.<br />-This allows for more applications to be submitted in less time and greater efficiencies from the F&I department.<br /> Saves time and money…<br />
  5. 5. All Lenders in your market<br />Lenders generally interested in consumer lending.<br />Your OPTIMUM lending network<br />You are OUT OF THE GAME with no alternate lending system.<br />R3 Allows You to Manage the OPTIMUM Lending Network.<br />Real-Time Electronic Communication is the Magic<br />
  6. 6. R3 – A Strategic ResourceHow does it work?<br />-Contact us and we assign you a username and password to sign on at www.rcubelink.com. <br /> Easy Sign Up…<br /> Start submitting applications on-line…<br />-We load your lenders into the system so they are ready for application submission immediately by the click of a button.<br />-You add and subtract lenders at any time to assure that you have the ideal portfolio for your dealership.<br /> Communicate and manage information all in one place…<br />-The simple Control Panel allows you to submit applications, communicate with your lenders, and store information all in one place.<br />
  7. 7. R3’s Simple Effective System<br />1) Dealer Inputs App on <br />www.rcubelink.com<br />2) Lender receives email<br />Alert and retrieves App<br />4) Dealer receives email Alert<br />Proceeds to close the sale.<br />3) Lender Processes App and<br />Sends electronic notice to<br />Dealer<br />
  8. 8. user<br />password<br />
  9. 9.
  10. 10.
  11. 11. Enter applicant’s information<br />
  12. 12. Customer e-signs the app<br />
  13. 13.
  14. 14.
  15. 15. Insert notes to be sent real-time directly to the lender rather than having to make unproductive phone calls.<br />
  16. 16. Efficiently receive status updates and your approvals!<br />
  17. 17. R3 Addresses a Top Industry Challenge<br /><ul><li>Powersports retail sales have been in recent decline largely due to lack of consumer financing.
  18. 18. R3 can help bridge this gap by increasing the % of applications accepted.
  19. 19. National indirect lenders alone will not allow you to reach your maximum profit potential.</li></li></ul><li>The Cost<br />
  20. 20. Keep Your Edge<br /><ul><li> Your competition is likely on the R3 system.
  21. 21. If you have not identified local lenders and added the R3 resource, profits are literally walking right out the door.</li></li></ul><li>Sign up today!<br />Email support@rcubelink.com<br />with the subject line “Sign Up” to get started.<br />Recreation Retail Resource<br />www.rcubelink.com<br />

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