FCC Finance, LLC looks forward to working with you so you can serve your customers financing needs. Below is our four-step process to support the loan application and approval process, from start to finish.
Step 1: Initiate Application
The dealer has the customer fill out and execute a credit application and provide proof of income (e.g. pay stubs). The dealer submits the application, proof of income and work order to FCC underwriting via fax or email.
FCC will evaluate the customer credit information. A same day decision is emailed to the dealer.
Step 2: Execute Loan Documents
Once the loan is approved, documents are emailed by FCC to the customer for an e-signature. Alternatively, documents are emailed to the dealer for presentation to the customer.
The documents are returned to FCC by e-signature or by the dealer.
Step 3: Receive a “Green Light”
After the customer executes the loan documents, the loan package will be reviewed for accuracy by FCC.
If all of the loan stipulations are satisfied, an Installation Notification, or green light, will be given to the dealer to install the job. After the dealer receives the green light, they are good to complete the job.
Step 4: Fund Deal
When the job is finished, the dealer will submit a Completion Certificate signed by the customers and the dealer to FCC.
FCC will make a courtesy call to the customer to verify satisfaction. The funds will then be wired to the dealer’s bank account and a welcome letter sent to the customer.