Irvine, California-based Finio has launched a credit aggregation platform for RV, marine, powersports, motorcycle, truck and other industries.
The platform aims to simplify and accelerate the financing process between dealerships, manufacturers, lenders and customers, improving the digital sales and finance experience, the company said in a press release.
“As credit discovery continues to move up in the purchase funnel, Finio enables a seamless online finance approval wherever customers shop,” Finio CEO Andy Hinrichs said in the release. “Finio is the natural extension of the dealership’s F&I office into the digital realm.”
The Finio platform’s credit discovery experience enables customers to access firm offers of credit, according to the press release.
It allows dealerships to customize their roster of lending partners, markup requirements and business rules, the release said. The platform also provides desking solutions, F&I menus and paperless e-contracting to digitize transactions from start to finish.
“Finio saves costs and adds security,” said Nick Stellman, Finio’s chief operating officer. “In industries where disparate systems and manual data entry are still the norm, Finio’s digital finance hub catapults the F&I process to a whole new level.”