“Lend with Confidence: How M. Motors Leverages Nitro’s nSpect BHPH Solution”
It had found an ally in M. Motors, a established BHPH dealership in Florida. Patty, finance manager at M. Motors, mentions that Nitro’s tech has become a game changer as far as deal approvals are concerned: “With Nitro, I can underwrite and approve great deals with confidence”.
Feeling Good with More Real-Time Data
Nitro’s nSpect solution delivers Patty real-time data across various authorized data sources from financial institutions, telecom providers and credit bureaus for underwriting and servicing. Through our 5 minute application, we share with her team borrower personal information, 24 months of banking data, credit history with no impact to the potential buyers’ credit score. Through our alerts feature, they are also able to detect vehicle commercial use, and any changes in cash flow pre and post-funding. In this way, they can now mitigate risks and maximize chances of successful pay backs from the borrower.
Facilitating Dealers to Mitigate Risks
Integrating automated, data-driven insights, nSpect from Nitro helps finance managers like Patty and their collections team identify red flags that may pose further credit risk.
Nitro thus focuses on empowering the dealerships, creating new standards through which other dealerships can enhance their underwriting processes and feel secure with every deal they underwrite. With nSpect, dealers can differentiate through safe, informed underwriting in order to build long-term relationships with customers and a sustainable loan portfolio. To learn more visit: www.nitroos.com or contact us at [email protected] today.
