A related finance company is a specialty finance company engaged in underwriting applications and purchasing vehicle secured retail installment contracts originated by their related dealership. Tax advantages are great for the dealership. See More
"Great Discussion - I've been in the auto finance business for 30+ years and have run a few very successful ones. Most of the finance companies switched to automation of incoming calls years ago. Guess paying a live Operator was way…"
"Want to significantly increase your bottom line? Have you considered owning your own Related Finance Company? I am interested in talking with dealerships that want to understand the benefits of owning their own Related Finance Company. I…"
Forum where General Managers, Dealers, Fixed Operations Managers and Business Leaders can come to share idea's and suggestions. We would love to hear your "best idea". Share your success stories and your best practices.See More
"Want to significantly increase your bottom line? Have you considered owning your own Related Finance Company? I am interested in talking with dealerships that want to understand the tax benefits of owning their own Related Finance…"
A group for adminstrative dealership staff, dealers, GM's Comptrollers and Automotive Consultants to discuss ways to improve the "Bottom Line". Topics such as expense control strategies, compensation plans to motivate all personnel, and more....See More
"We specialize in working with automotive dealers that want to understand the benefits of owning their own related finance company. Wpould be happy to discuss the benefits with any interested dealerships. Please visit our wbsite…"
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I offer dealerships an opportunity to set up a related finance company (RFC) and I also provide a credit line to the RFC for up to 75% of the amount financed.
I have been involved in sub-prime automotive lending at the senior and executive levels for over 25 years. I have been involved with 3 very successful auto finance companies. ACC1 started in 1993, went public in 1995 and sold to Household International in 1993. Household sold the company to HSBC in 2002.
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