Vehicle Finance

Three Reasons Your Vehicle Finance Program Needs Telematics

Three Reasons Your Vehicle Finance Program Needs Telematics

The vehicle telematics industry is maturing and there are pieces of it everywhere. Still, you’re unsure that it is right for your vehicle finance business. Your operations are locally-focused with one to a few lots only. Is investing in the technology worth it? Well, there are at least three good reasons to make the investment.

Tested Technology

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Application SoftwareVehicle Finance

Put Peace Of Mind In The Palm Of Your Buyers’ Hand

Put Peace Of Mind In The Palm Of Your Buyers’ Hand

Telematics technology isn't just about protecting the dealer’s investment anymore. With the right mobile app, vehicle location and other information is available directly to customers. For them, telematics is less about vehicle tracking and risk management, and more about staying connected and protecting loved ones. A mobile app puts vehicle location information and other safety features in the palm of the customer’s hand.

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Value Added ServicesSmall and Medium-Sized BusinessesTransportationVehicle Finance

Vehicle Finance: A Secure Relationship With CalAmp

Vehicle Finance: A Secure Relationship With CalAmp

CalAmp’s LenderOutlook vehicle finance solutions has been helping used car dealers and finance companies improve their business portfolio and operations for over 30 years. We aren’t “fly-by-night” or in it for a quick dollar. No pyramid or Ponzi schemes here. Because our continued success is based on your success.

However, not everyone knows about us so we’d like introduce ourselves and find out a bit more about your organization’s needs. Here are some facts that you might not know about CalAmp:

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Application SoftwareVehicle Finance

Vehicle Finance: The Top 3 Benefits Of Having A Professional GPS Installation

Vehicle Finance: The Top 3 Benefits Of Having A Professional GPS Installation

Managing your vehicle loan portfolio has probably changed over the years from paper files to spreadsheets or simple databases. The purpose has always been to keep track of which dealership you’re lending to, the individual borrower, and the collateral. Now you can have technology help you keep track of the collateral – but only if it’s installed correctly. Why put your portfolio at risk?

Vehicle financing is robust at the moment according to various industry studies, even at the non-prime level. Still, you need to protect your loan portfolio especially the riskier opportunities.

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Value Added ServicesVehicle Finance

Don’t Let Your Vehicle Portfolio Take An Unexpected Vacation

Don’t Let Your Vehicle Portfolio Take An Unexpected Vacation

It’s summer. It’s a peak vacation time. People are headed towards the beaches and other favorite vacation spots. They want to disconnect from life to recharge. This might be good for them, but not your vehicle finance portfolio. How do you push out payment reminders? Locate your delinquent cars?

NetLossChart

Source: 2014 BHPH Benchmarks Report

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Application SoftwareVehicle Finance

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