Fourth Fleet Financial Expands Agreement With Remarketing Services
SAN MATEO, Calif. -- The auto financing company Fourth Fleet Financial expanded its agreement with Remarketing Services of America, Inc. (RSA) allowing RSA to integrate seamlessly with a client's driver sales program. The agreement also increases the credit range of buyers that can be financed.
SAN MATEO, Calif. -- The auto financing company Fourth Fleet Financial expanded its agreement with Remarketing Services of America, Inc. (RSA) allowing RSA to integrate seamlessly with a client's driver sales program. The agreement also increases the credit range of buyers that can be financed.
According to Jeff Danford, founder and CEO of Fourth Fleet Financial, "Leading consumer finance companies are embracing our solution because it means they never have to say 'no' to customers again." To further reduce declination rates and increase vehicle residual values, RSA now offers the Fourth Fleet vehicle financing solution to their entire roster of clients.
Consumer finance companies can increase their driver sales programs by offering broader and deeper financing options by using Fourth Fleet's solution. Lending institutions can finance only their desired credit spectrum and outsource the remainder. Fourth Fleet's solution can increase the number of vehicles lending institutions can sell preauction at higher prices while reducing their overall exposure to credit risk or buyers they would normally decline.
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