Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

R3 Web Presentation


Published on

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

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 <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 /><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<br />with the subject line “Sign Up” to get started.<br />Recreation Retail Resource<br /><br />