Lenders
Help Protect Your Portfolio From the Impact of Unexpected Repairs
Vehicle protection designed to help keep customers on the road and payments on track.
For automotive lenders, a mechanical breakdown can create more than a repair bill. When a customer is already working with a limited monthly budget, an unexpected vehicle expense can disrupt their ability to stay current on their loan.
A GWC Vehicle Service Contract can help reduce the financial impact of covered repairs, helping customers stay in their vehicles and supporting stronger loan performance.
Built for the Realities of Used-Vehicle Lending
GWC has decades of experience administering claims for vehicles across a wide range of ages, mileage levels, and conditions.
That experience gives us a deep understanding of the repair risks that come with used and higher-mileage vehicles and helps us support lender programs designed around real-world portfolio needs.
Help Reduce Disruption to Loan Performance
Vehicle protection can provide another layer of support around the customer and the loan.
By helping customers manage covered repair expenses, a service contract can help:
- Keep customers in their vehicles
- Reduce the financial disruption caused by unexpected repairs
- Support customers’ ability to stay current on payments
- Protect the lender’s collateral
- Strengthen confidence in higher-mileage and used-vehicle financing
Give Dealers a Product They Can Stand Behind
A strong lender program should work for the dealership as well as the lender.
GWC helps lenders offer vehicle protection that dealers can confidently present to customers, creating additional value in the F&I process while supporting the customer after the sale. Providing dealers with a trusted protection option can also strengthen relationships by supporting their customers and their business.
That can help strengthen dealer relationships and give lenders more confidence as they expand their dealer network.
A Partnership Built Around Portfolio Performance
The value of a lender relationship is not just the product itself. GWC works with lenders to build programs around their portfolio, dealer relationships and business goals. From program support and performance insights to opportunities for incremental revenue, our team helps lenders get more from their vehicle protection program.
Lend With Greater Confidence
Talk with GWC about building a vehicle protection program around your portfolio, your dealers, and the customers you serve.
Fill out the form below and we’ll be in touch