IAS, Universal Lenders Partner to Provide Aftermarket Financing
IAS, a provider of F&I aftermarket programs, has entered into an agreement with Universal Lenders LLC and can now offer its nationwide network of agents and dealers a financing alternative at the aftermarket point of sale.
AUSTIN, Texas– IAS, a provider of F&I aftermarket programs, has entered into an agreement with Universal Lenders LLC and can now offer its nationwide network of agents and dealers a financing alternative at the aftermarket point of sale.
The agreement between IAS and Universal Lenders LLC will provide IAS agents and dealerships a financing alternative to lenders not willing to approve ancillary products in vehicle financing. This method of utilizing split financing can help the dealership save an aftermarket sale at a time when every F&I dollar counts.
“The Zero Plan has helped many dealers realize F&I profits that otherwise would have been lost in traditional loan financing,” said Jeff Jacobs founder of Universal Lenders. “IAS and its suite of aftermarket products have a solid reputation in the industry making this partnership a natural fit.”
Founded by a high-volume dealer with six franchises who had been in the business for 20 years, Universal Lenders LLC created “The ZERO Plan” to serve the automotive industry by offering zero percent financing for most F&I products. The benefits of “The ZERO Plan” include helping dealerships increase their aftermarket product sales, providing payment to dealers within seven days with cancellation rates under five percent, and providing a financing option for consumers.
“We are very excited about the opportunity to partner with Universal Lenders to provide access to The ZERO Plan for our network of agents and dealers as we believe this will help them advance their aftermarket sales and overall success in a challenging finance market,” said Bob Corbin, president and CEO of IAS. “Our commitment is to provide our agents and dealers with the most complete and comprehensive solutions available to help them achieve optimal success, and ultimately to help them have a true competitive advantage in the F&I office.”
For more information on The ZERO Plan, visit www.the-zero-plan.com.
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →