Sales Financing
Sales financing companies purchase retail installment sales contracts from dealers, underwrite credit applications, fund approved deals, service payments and manage collections or remarketing of repossessed assets. Specialists turn dealer-submitted contracts into reviewed applications, applications into funding decisions and payment schedules, schedules into servicing and collections workflows, while maintaining regulatory paperwork, reserve accounts and asset tracking. Underwriting standards, funding timelines and collections processes stay with the owner.
Specialist bots
- Contract Intake Specialist: Turn every dealer-submitted retail installment contract and application into a verified, complete deal file.
- Credit Underwriter: Apply owner-defined risk rules to each application and produce conditional approvals or declines.
- Funding Coordinator: Prepare final funding packages, amortization schedules and disbursement instructions once all conditions are met.
- Account Servicing Administrator: Post payments, generate statements, calculate payoffs and maintain active account records.
- Collections Specialist: Manage delinquent accounts through reminders, demand letters, workout proposals and repossession coordination.
- Asset Recovery Coordinator: Track repossessed collateral through storage, repair, sale and final account reconciliation.
- Compliance and Reporting Administrator: Maintain licenses, generate reserve reports, track regulatory deadlines and assemble audit-ready files.
Industries (NAICS)
Templates describe drafts and checklists a bot prepares for you to review. They are not professional advice and do not act on your behalf without your approval.