7 KEYS TO SUCCESS - DealersEdge
7 KEYS TO SUCCESS - DealersEdge 7 KEYS TO SUCCESS - DealersEdge
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12.07.2015
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7 KEYS TO SUCCESS IN DCFWhat is DCF?DEALER CONTROLLED FINANCINGBuy Here–Pay Here, Lease Here–Pay Here, Rent–To–OwnBHPH began in 1915 in Indianapolis, INEstimated $50 billion industry todayTypically, most inventory cost and all profit is forthcomingThe dealership is in control of the term of the loan
7 KEYS TO SUCCESS IN DCFKey #1Business Model BHPH or LHPH Capital Requirements Inventory Sources
- Page 1 and 2: 7 KEYS TO SUCCESSIn Dealer Controll
- Page 3: 7 KEYS TO SUCCESS IN DCF What is DC
- Page 7 and 8: Key #1 Business ModelBuy Here-Pay H
- Page 9 and 10: Key #1 Business ModelCAPITAL REQUIR
- Page 11 and 12: Key #1 Business ModelCAPITAL REQUIR
- Page 13 and 14: Key #2 ControlPolicies & Procedures
- Page 15 and 16: Key #2 ControlChain of CommandAPPRO
- Page 17 and 18: Key #2 ControlNumbers to MonitorSAL
- Page 19 and 20: Key #2 ControlNumbers to MonitorINV
- Page 21 and 22: Key #3 Selling SystemKnow Your Cust
- Page 23 and 24: Key #3 Selling SystemSell Your Prog
- Page 25 and 26: Key #3 Selling SystemStructuring De
- Page 27 and 28: Key #3 Selling SystemGROSS PROFIT:G
- Page 29 and 30: Key #3 Selling SystemInterest RateD
- Page 31 and 32: Key #4 Approval ProcessLoan Applica
- Page 33 and 34: Key #4 Approval ProcessVERBAL VERIF
- Page 35 and 36: Key #4 Approval ProcessUnderwriting
- Page 37 and 38: 7 KEYS TO SUCCESS IN DCFKey #5Payme
- Page 39 and 40: Key #5 Payment ProcessingTYPES:Debi
- Page 41 and 42: Key #6 Delinquency ManagementField
- Page 43 and 44: Key #6 Delinquency ManagementPaymen
- Page 45 and 46: KEY #7 MarketingDifferent Strokes f
- Page 47 and 48: 7 KEYS TO SUCCESS IN DCFSocial Medi
- Page 49: 7 KEYS TO SUCCESS IN DCFwww.Constel
7 <strong>KEYS</strong> <strong>TO</strong> <strong>SUCCESS</strong> IN DCFKey #1Business Model BHPH or LHPH Capital Requirements Inventory Sources
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