SELECTFI Funding & Investors

Erieville, NY

SelectFI leverages proprietary Predictive Lending™ analysis to prequalify customers for financing using an auto dealership's existing lenders. The platform uses soft pull technology and lender guidelines to prequalify a customer for their vehicle of choice, and give dealerships fast, accurate quotes from each of its lenders without impacting the customer's credit score. The software reduces dealership expenses for hard credit pulls, greatly improves efficiency for their internal F&I teams, and helps dealerships remain compliant with FTC regulations for fair lending.