FARMINGTON HILLS, Mich. — Vehicle service contract provider Charter Warranty has announced the launch of “Save-A-Deal,” a new program designed to offer dealers a new option for financing F&I products.

Save-A-Deal provides additional financing for service contracts — including, but not limited to, Charter Warranty’s — as well as in-store repairs and vehicle add-ons. Customers who have a checking account in good standing and no open bankruptcies or tax liens can be approved in 72 hours, according to the company.

A one-year enrollment kit, including downloadable software and an online tutorial, is available now. Save-A-Deal also requires some standard equipment, including a credit card machine and check scanner, which the company said it can provide to dealers at no additional cost.

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