You live and breathe the market everyday - calling it competitive would be an understatement. Car sales are increasing, but dealers, credit unions, banks, captives, and finance companies all compete for the same loans, so many financial institutions are seeing a decrease in market share. In addition, consumers have changed, so marketing auto loans on interest rate and brand name alone doesn't work anymore.
To get the loans you deserve, break away from the competition with AutoPilot® Lending. The AutoPilot Lending solution will help you grow, acquire, and retain borrowers, increase auto loan volume, and improve your auto loan performance and revenue by marketing your auto loan throughout all phases of the loan lifecycle.
AutoPilot Lending provides a strategy for credit unions to market their auto loans and related products and services throughout the life-cycle of an auto loan. The strategy includes unique products, turnkey marketing services, and full service training that provides a comprehensive solution for increasing loan growth and fee income!
Drive increased loan volume by providing your borrowers with enticing, differentiated benefits in select vehicle and consumer protection programs. These valuable loan enhancements are tailored to new and used auto loans and can be provided as complimentary benefits included in the loan or added at loan closing. Loan enhancements include:
Launch a turnkey marketing program that brings to life the entire MPOWER™+Lending brand concept and marketing strategy to differentiate your loan in a cluttered market. MPOWER marketing includes:
Deploy the MPOWER training and performance program that will take your sales and service culture to new heights. This program takes proven methods of successful sales and service training and adds new state-of-the-art presentation techniques and performance tools that ensure a higher performing team. MPOWER training includes:
"In our first month with AutoPilot Lending, productivity increased four times the previous month and our fee income increased six times the previous month."
-John Tatum, VP of Business Development, Pegasus Community Credit Union
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