Without proper insight into dealership behaviors, loan performance, and the competitive landscape, it’s difficult for auto lenders to assess risk and identify high-value dealers to build relationships.
For truly successful auto lending, lenders need to:
- Understand market share within each dealership.
- Gain deeper insight into positive and negative selection for each dealership they do business with.
- Have a view of the overall commercial risk associated with potential dealer partners.
Equifax can help with all of the above.
“Since (the dealer intelligence platform) comes with a detailed loan-level data and four years of history, Westlake was able to benchmark ourselves against our various competitors and adjust our go-to-market strategy as a result.” – Ian Anderson, Group President, Westlake Financial
Contact us to learn more about how TradeSight can help you drive more profitable deals.