Categories
EFG Companies

EFG Companies and F&I Express Expand Digital Solutions for Automotive Dealerships

F&I ExpressEFG Companies, the innovator behind the award-winning Hyundai Assurance Program, and F&I Express, the largest automotive F&I aftermarket product network, announced today a partnership to better serve their dealership clients by fully integrating their eContracting capabilities.

“At EFG Companies, we understand that no two dealers are the same,” said John Pappanastos, President and CEO of EFG Companies. “Each dealer operates with different goals, success metrics, and systems, and we pride ourselves in acting as a strategic partner in their success. In our effort to further that initiative, we partnered with F&I Express to augment our growing list of e-contracting solutions with one of the most utilized eContracting platforms in the market.”

“For almost 40 years, EFG Companies has been leading innovation within the automotive industry,” said Brian Reed, President and CEO of F&I Express. “We have been eagerly anticipating their addition to our F&I eContracting network and look forward to bringing their products to our dealer customers.”

Categories
Featured

Enterprise Financial News Volume 8

CoverHot Off The Press

Get a new perspective on how to maximize your dealership profitability while staying compliant with the experts from EFG Companies.

EFG Companies knows how to turn your entire team into an F&I and sales driving machine! Contact us today to find out how.

Download the 8th volume of Enterprise Financial News Magazine

Categories
EFG Companies Featured

EFG Companies One of the First Hundred to Achieve Consumer Credit Compliance Certification

EFG’s Compliance Oversight Rated as Top Area of Performance by Dealer Partners

naflogoVisit www.efgcompanies.com

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced the Consumer Credit Compliance Certification of Karen Klees.  Klees was one of the first 100 officers to be certified under this new program by the National Automotive Finance Association (NAF).  NAF specifically designed the Consumer Credit Compliance Certification Program to address the challenges faced by consumer finance companies in maintaining legal compliance in an environment characterized by ever-changing federal and state regulatory requirements.  It provides compliance professionals with a deep working knowledge of the federal laws and regulations that govern consumer credit along with an overview and general examination of state consumer credit law.

Coupled with EFG’s AFIP certification of its dealer services field team, this new certification further demonstrates EFG’s commitment to addressing the number one “stay-awake” issue for dealers.  Going forward, EFG will utilize these certifications to help its clients create a governance model to assure ongoing compliance. This will include acting as a facilitator, training them on compliance best-practices, educating clients on the magnitude of what lenders are facing, and preparing them for future compliance initiatives.