The auto loan industry is changing. With more than a third of all Americans now owning smartphones and 92% of younger adults 18-29 years old owning smartphones, internet usage on mobile devices is at an all-time high.1 So when your financial institution wants to reach an audience that’s on mobile devices to grow your auto loan market share, AUTOPAY is your answer.
Recapture your existing borrowers’ auto loans and gain access to new members without growing your overhead. Sounds too good to be true? Through the use of mobile technology, your financial institution can gain access to millions of qualified customers from financial ecosystems such as Credit Karma and NerdWallet. AUTOPAY from SWBC is how we help institutions obtain an automated direct lending service to grow your loan income.
Even your existing borrowers will have an opportunity to secure auto loan financing via computer, mobile device or with an experienced loan consultant via phone.
Through a set of your institution’s lending criteria, customers can find your financial institution through AUTOPAY’s financial ecosystem partners and lead aggregators by receiving pre-qualified loan offers—all without impacting their credit score. You can recapture current borrower loans through pre-approved or pre-qualified offers to applicants via email, phone, or direct mail.
The best part is, thanks to AUOTPAY’s fully-mobile platform and easy integration into your institution’s loan origination system in indirect lending network plugins, all applications submitted to you are delivered in real-time.
All is accomplished through a turnkey approach to attract new customers and boost customer recapture efforts.
Fill out the form below to contact us today and learn more about AUTOPAY from SWBC.