Share financing updates
Update customers on their vehicle financing status, including loan approval and payment reminders. This service enables the automobile industry to provide prompt and personalized updates to customers about their financing status.
Loan application updates
Keep customers informed about the progress of their loan application to ensure that they’re aware of the status of their application, & any requirements or documents needed to complete the process.
Payment reminders
Sending updates also enables the dealers to send payment reminders to customers. This helps customers stay on track with their payments, and reduces the likelihood of late payments or defaults.
Financing offers
The automobile companies can also use financing updates via to promote financing offers to customers. This helps increase sales by providing customers with attractive financing options that suit their needs.
How it works
Reduced administrative costs
Sending financing updates reduces the need for manual updates, which can be time-consuming and costly. This enables the automobile industry to streamline operations, reduce costs, and improve efficiency.
Improved collections
Sending payment reminders reduces the likelihood of late payments or defaults. This improves collections and reduces the risk of bad debts.
Increased sales
Promoting financing offers via SMS helps increase sales by providing customers with attractive financing options that suit their needs. This enables the automobile industry to sell more vehicles and generate more revenue.
Best practices
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