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747 Auto Dealers Enrolled in Bankers Integration at NADA

by Staff
February 11, 2003
2 min to read


Bankers Integration Group (BIG), which just

introduced its new flagship product, BIGFNI(TM), a decisioning engine that

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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

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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

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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

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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

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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

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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

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ratio of deal closings and time savings.


Additional information on BIG can be found at www.bigfni.com.


Topics:F&I

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