PowerBand has developed a state of the art Finance Portal. The web-based lending platform facilitates loan originations on any asset type from any integrated lender.
The Finance Portal is a cloud-hosted service that is virtual, adaptable and can be integrated with LiveNet and Marketplace offering banks, credit unions and other financial institutions direct loan origination sources.
For dealers, a significant benefit is the built-in PowerDesk, which allows a dealer to quickly and accurately prepare payment scenarios including all manufacturer supported incentives, rebates and programs on one simple to read screen. It also allows for the industry’s easiest finance-to-lease comparison.
The portal has been used successfully in providing loan access for home improvement projects, large asset purchases, as well as all types of vehicles (recreational, powersport, and commercial).