With TRNSACT, you can effortlessly integrate an online credit application into your website and sales quotes, unlocking a world of benefits for your equipment finance managers. You can include links to your custom online credit app via text, email, and QR codes. This is a game changer as customers can apply for financing wherever they are, including trade shows.
TRNSACT Finance Software Offers Modules Designed Specifically for Commercial Equipment Dealerships
The founders of TRNSACT come from the equipment industry and we know how slow and inefficient the commercial lending process can be. So much paperwork! You want to help your customers buy equipment faster. We want to replace your overly complex financing processes with a simple and powerful solution that drives sales and finds new revenue streams. Together we can create a smooth financing experience for you and your equipment customers.
Top Features for Dealers
The TRNSACT dealer hub automates credit checks and organizes every step of the lending process for you in one portal. Approvals, lender messages, supporting documentation, signatures- all of it. Trnsact’s Credit Hub finance module allows you to connect with your preferred lender via API integration and reduces the time to funding by automating your lender waterfall in the case of a denial.
Trnsact’s Red Flag Check module makes it effortless to check into every company and customer you sell to. Our software automatically stores OFAC documentation for you as an extra layer of protection. Integrating red flag checks seamlessly into your current finance process will help your leadership team avoid costly penalties without extra work.
Equipment Dealer Benefits
rapid responses with fasttrack
Sell more with rapid responses from preferred lenders. Your dealership can get equipment credit approvals in minutes. Customer got denied? With FastTrack automation enabled, a dealer can easily submit to other lenders without completing new paperwork.
WORKFLOWS TO INCREASE EFFICIENCY
TRNSACT’s tailored digital workflows are designed to align seamlessly with your distinct marketing, sales, and back-office procedures. Automating finance process helps to reduce back-and-forth emails, paper trails, and repetitive data entry.
NEW REVENUE FROM F&I OFFERINGS
With Trnsact, dealers can tap into revenue through protection products – GAP insurance, warranties, extended warranties – are often ignored in the current financing process. Trnsact enables aftermarket products to be easily added to a finance offer.
More Security and Compliance
Between OFAC, CCPA, state, and federal regulations, dealers have a lot of compliance headaches. Trnsact is a secure system that can help to ensure credit applications are secure, auditable, and compliant with regulations.
BETTER CUSTOMER EXPERIENCES AND MORE CONTROL
With Trnsact, dealers provide a new level of customer experience that provides faster responses and more customer control over finacial information. Managers are able to limit their employees access to sensitive data, resulting in easier control and less risk.
