Bankers Integration Group (BIG), which just
introduced its new flagship product, BIGFNI(TM), a decisioning engine that
allows auto dealers and lenders to decision financing in real time in a
matter of seconds, announced it has enrolled 747 automotive dealerships to use
the new technology.
Ted Cunningham, BIG vice chairman, director of sales and marketing,
announced the enrollments at the conclusion of National Automobile Dealers
Association (NADA) Convention and Exposition held in San Francisco from Feb. 1-4, 2003, where BIG rolled out its new flagship product.
"Quite frankly, we are extremely pleased by the initial, overwhelming
acceptance by this large number of auto dealers who recognize the
opportunity BIGFNI brings to dealers, their customers and lenders,"
Cunningham said. "Unlike any other tool in our industry, Bankers Integration
Group pays dealers to use our software system. It helps lower processing
costs for lenders and offers a higher book-to-look ratio. It improves
customer satisfaction in the vehicle loan process. It is a definite
win-win-win for all those involved."
Cunningham, former DaimlerChrysler executive vice president global sales
and marketing, joined Red Poling, former Ford Motor chairman and BIG advisor
and major investor, and Mike Dunn, BIG chairman, president and CEO at
national announcement of BIGFNI at the NADA Convention.
"During my years at Ford, I learned that auto dealers are always
interested in a competitive edge with products and services at a fair
profit," Poling said. "I believe BIGFNI will give them that edge in vehicle
loans."
Cunningham said that he expects many more dealers to quickly realize the
many benefits of BIGFNI including the ability to match financing options in
seconds; better tracking of applications; faster, smarter approvals; a
speedier process; reduction of the risk of unwind; ability for the dealer and
lender to rehash a deal and submit for approval in real time; ability to
interface with existing dealer IT systems; better vehicle inventory control;
standardized application; automatic application withdrawal; increased F&I
profitablility; enhancement of the customer profile for CRM follow-up; higher
ratio of deal closings and time savings.
Additional information on BIG can be found at www.bigfni.com.
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