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Auto
Loan FAQs
These
are the questions most often asked by our potential Financial
Institutions cutomers.
Can
we set a maximum amount of Loans we will purchase ?
May out of state institutions participate?
Why shouldn't we provide indirect financing on our
own?
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Can
we set a maximum amount of loans we would purchase each month?
Yes, we will work with you to determine the maximum dollar amount
of loans that would be submitted to you for purchase each month.
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May
out of state institutions participate?
Yes, BCI is always looking for new clients.
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Why
shouldn't we provide indirect financing on our own?
This is a highly competitive business that requires a great deal
of experience to be successful. That is true for both originating
and servicing indirect auto loans. Without the expertise and the
operational infrastructure necessary, the road to profitability
is difficult. BCI Financial provides both the expertise and infrastructure
so you don't have to... and that improves your efficiency ratio.
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