• Boost Your Auto Lending with Residual-Based Balloon Loans, Featuring AFG's Tim Kelly

  • Sep 26 2024
  • Spieldauer: 29 Min.
  • Podcast

Boost Your Auto Lending with Residual-Based Balloon Loans, Featuring AFG's Tim Kelly

  • Inhaltsangabe

  • If your credit union makes auto loans, do you offer a fully insured, residual-based, walk-away balloon loan? Do you even know what a fully insured, residual-based, walk-away balloon loan is? If you answered no to either question, this episode of TechSolutions4CUs is for you. In this episode, Auto Financial Group's President Tim Kelly explains:

    • Why these loans offer your members the lowest possible payments of any financing product, including leasing.
    • How these loans can be used for both new and used auto financing.
    • How these loans can be used for both direct and indirect lending.
    • How these loans can even be used to refinance a delinquent loan down to a lower payment.
    • Why AFG technology eliminates all the risk for your credit union.

    CEOs, CFOs and CLOs, don't miss this episode.

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