DFS Solutions announced its newest product Tuesday, Cloud F&I, which the company says enables small and mid-size commercial equipment dealerships to have their own virtual finance offices without any overhead or set-up costs.
“This is truly a game changer for dealerships that can’t justify a full-time finance manager but still want to deliver the best experience for their customers,” said Toby Gelinas, executive vice president, DFS Solutions.
DFS Solutions says Cloud F&I is built specifically to solve some of the most common problems for equipment dealers that don’t have a finance manager: time spent chasing down finance companies or brokers, loss of control over a sale, and low or no profitability generated as a result of financing.
Another important focus for Cloud F&I is making sure the customer is well taken care of with respect to financing at every step of the sales process from quoting to delivery, the company adds.
“That’s something you can’t achieve when you send your customers outside your organization. With a finance office branded to your dealership, customers truly feel like they are working with a first-rate dealership,” says Gelinas.
DFS Solutions says Cloud F&I is immediately available to commercial equipment dealers in both the United States and Canada. Set-up is fast and hassle-free and usually takes less than one week for complete implementation.
