The Real Challenge for Dealers with an RFC
For dealers operating a Related Finance Company (RFC), the biggest problem isn’t just working across multiple systems—it’s using software that simply isn’t designed for the unique needs of an RFC.
Many Dealer Management Systems (DMS) on the market fail to address the strict compliance requirements and operational workflows of RFCs. This gap creates real risks: non-compliance with state laws, inefficient collections, and the inability to manage both dealership and finance operations effectively.
Verifacto was built specifically to solve this. It’s a unified, cloud-based platform designed from the ground up for BHPH dealers and finance companies with RFCs, ensuring you stay compliant while operating efficiently.
One Platform That Meets RFC Compliance Requirements
Unlike generic DMS platforms, Verifacto includes a fully integrated Loan Management System (LMS) with compliance tools built in. It performs state-specific checks during loan onboarding, generates required documents automatically, and keeps a full audit trail—helping you avoid costly compliance issues before they happen.
Automation That Reduces Risk and Saves Time
RFC dealers face higher risk from missed payments and lapses in insurance coverage. Verifacto addresses these challenges with real-time insurance tracking, automatic CPI placement when coverage lapses, and AI-assisted collections that send payment reminders by text, email, and WhatsApp. Your collections team gets prioritized follow-up lists so they can act quickly and effectively.
Built for Your Business, Not the Other Way Around
Every dealership and RFC operates differently. Verifacto is fully customizable to match your workflows, loan structures, reporting needs, and communication preferences. Whether you run a high-volume operation or a smaller, specialized dealership, the system adapts to you—not the other way around.
Exceptional Service and Support
Technology is only as good as the team behind it. Verifacto is known for its responsive, knowledgeable support staff who work closely with clients to ensure they get the most out of the platform. From onboarding to ongoing optimization, you get personal assistance tailored to your business.
Fast Implementation, No Heavy Upfront Costs
Verifacto can be up and running in days, not months. And with its service-based pricing model, there are no large licensing fees to lock you in. You pay based on the services you use, keeping costs predictable and manageable.
Bottom Line
If you’re operating an RFC and need a system that actually meets your compliance requirements, adapts to your processes, and comes with a service team committed to your success, Verifacto is the smart choice.
Schedule a free demo today and see why more RFC dealers are making the switch.
