Our process: Fueling your dealership's success
At North West Recreational Finance, we've refined the financing journey to be seamless, efficient, and exceptionally dealer-friendly. Discover how our unique 'dealer-first, performance-based' model transforms credit applications into funded deals, allowing your team to focus on what they do best: selling. We're here to make financing simple and profitable for your business.
Your path to funded deals: Simple steps
Getting a deal funded with North West Recreational Finance is designed to be as straightforward as possible, integrating seamlessly into your existing sales process. From initial application to final funding, we handle the complexities so you don't have to.
Submit the application
The very first step is simple: send us the credit application. You can submit it through Dealertrack as usual, or send it directly to us if you prefer. We'll take it from there, ensuring a smooth handoff.
Review & structure the deal
Before approaching lenders, we meticulously review the file. Our team identifies the best lender and program, structures terms to maximize approval odds, and flags any potential issues early. This proactive approach prevents unnecessary declines and delays.
Lender management & funding
Once structured, we take over. We submit to lenders, communicate with underwriters, manage stipulations and conditions, and coordinate all documentation and funding. Your sales team stays focused on selling while we manage the financing complexities.
Why choose our dealer-first approach?
Our dealer-first, performance-based model means we only succeed when your deals fund. This aligns our priorities directly with yours, ensuring every effort is focused on securing approvals and coordinating funding efficiently, with minimal risk to your dealership. Experience dedicated support that genuinely drives your sales.
Step-by-step: From application to funding
Once we receive an application, our comprehensive process kicks into high gear. We begin with a swift intake and quick review of the customer’s credit application and all supporting details (unit, price, down payment, trade). This allows us to immediately spot any potential issues. Next, we strategically structure the deal, confirming the best lender/program, optimal terms, and necessary conditions, ensuring the highest approval odds. Finally, we submit the application through Dealertrack, carefully selecting lenders to avoid unnecessary 'spraying' of the file.
Beyond approval: Guiding every deal to funding
Our commitment extends well beyond initial approval. We engage in direct underwriter communication, answering questions and clarifying details to keep the file moving swiftly. We meticulously manage all stipulations and conditions, gathering and coordinating required documents like proof of income or ID verification, ensuring everything is complete and consistent. Following approval, we review terms with your dealership and coordinate the next steps. Our team then assists with final documentation and funding coordination, staying involved with ongoing follow-up until funds are released, so nothing gets stuck in limbo. This ensures clean, predictable funding for every deal.
