The boat and RV sales process leads to closing the deal. You can make the sales process as comfortable and fun for the customer as possible, but it’s all for nothing if you can’t close the deal. Here’s how outsourced boat and RV financing options can improve your close rate.
How Do Outsourced Financing Options Improve Your Close Rate?
When your customers make a boat or RV purchase, they need financing options that help them pay off the purchase in a timely manner. An outsourced boat and RV financing company like Finance Solution focuses on locating lenders that offer the best loans and other financing options for your customers and your dealership. Outsourced financing and insurance (F&I) services prepare your dealership to offer boat and RV loan rates that meet customers’ needs. For example, your outsourced F&I company manages loan approval and processing while your sales team helps the customer choose the boat or recreational vehicle they want. When you work with an outsourced boat and RV financing company, they put all your loan processing and other financial services in order, so you don’t have to manage it. Outsourcing your financial services gives you the flexibility to help your customers when they’re ready to buy your units. You can close more deals when you have your financing in order.
How Does Outsourcing Your Insurance Services Boost Your Close Rate?
RVs and boats are high-risk investments that require insurance. In fact, your customers need to work with you to put an insurance policy in place before they can get their loan approved. An outsourced financing company helps you find insurance policies that meet your customers’ needs and protect them after they make their purchase. Ultimately, outsourced insurance services transfer the liability for the boat or RV from dealer to customer in a seamless way. When an outsourced F&I company takes over your insurance services, they manage your available insurance providers and policies and oversee the liability transfers. With these services, you can close your deals as soon as your customers are ready to buy your dealership’s units.
How Does F&I Outsourcing Improve Your Dealership’s Performance?
F&I outsourcing reduces the amount of financial management tasks your dealership needs to perform. When you partner with an F&I outsourcing provider, you can focus on sales and customer service while your F&I provider handles the financial details. Your outsourcing partner provides full-time financial services that take care of your loan and insurance offerings. These services streamline your in-house financial processes and reduce the time and energy you spend managing your dealership’s financial offerings as you close deals.
How Financial Solution’s F&I Services Help You Close Deals
Financial Solution’s F&I services ensure that your dealership and customers have access to the financial options they need to close deals and make RV or boat purchases successfully. We provide the financing and insurance options your dealership and customers need. Our services reduce the amount of overhead you spend taking care of finances, so you can focus on working with customers. Additionally, we provide warranty services. Large, outsourced F&I providers often neglect warranties, but we ensure they’re in place for your units every time you close a sale. Finally, we can scale our financing services up and down throughout the year as sales seasons come and go. We make our services flexible, so you only use the services you need when you need them.
Close More Deals With Financial Solution’s F&I Services
Do you want your dealership to close more deals? Do you want to reduce overhead and streamline your financial service offerings? If you do, reach out to Financial Solution today. We help dealerships provide financing and insurance solutions that streamline your financial processes. Our services also help your customers receive approved loans that make their boat or RV purchases more feasible for them. Let us know when you’re ready to use outsourced F&I services to improve your dealership’s close rate. We’ll be ready to help you make the outsourcing transition.
