KEN KIRSCHENBAUM, ESQ
ALARM - SECURITY INDUSTRY LEGAL EMAIL NEWSLETTER / THE ALARM EXCHANGE
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residential consumer financing – the DealerAlly Program / sign up for next webinar
October 29, 2021
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Next Webinar:
Title: Borrowing and finance option: DealerAlly Program
When: November 9, 2021 12 pm ET
Presented by: Tim Meekin, President of DealerAlly, LLC
Hosted by: Ken Kirschenbaum,Esq
Who should attend: alarm owners, CEOs, CFOs, Sales Managers
Register here: https://attendee.gotowebinar.com/register/8348669174055938571
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residential consumer financing – the DealerAlly Program
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Ken
Thank you for scheduling DealerAlly for a Webinar on November 9, 2021. DealerAlly offers residential consumer financing as an alternative to either selling alarm accounts, subsidizing profit from in house accounts to build RMR or only offering cash as a solution. Our program offers the following features, which we will discuss at the Webinar and field questions as well.
· Offer your customers a low affordable monthly payment with no money down and interest rates much lower than credit cards
· Non Recourse financing = NO DEALER DEBT, holdbacks, chargebacks, replacements or guarantees
· Financing for residential homeowners and renters. Commercial financing too
· Finance security, home automation, standalone CCTV and/or AV products from $1,000 to $85,000
· Attract new customers, close more sales, upsell and boost profits
· Profit on every deal, build your brand, increase equity and own 100% of RMR and customer
· Promo structure and pricing is the same for small, medium and large dealers
· Customers make one payment for service and one payment for product until paid off.
· Dealer manages service back office (Monitoring, Interactive service, and Billing) for all accounts - same as a cash deal today
· Quick credit decisions while in the home, most programs are instant
· Interest rates as low as 5.9% and payment factors as low as 1%
· Interactive Split example - $49.99 Total = $29.99 for service(monitoring,interactive, billing) and $20.00 for product = $2,000 x 97% with ACH = $1,940.00 DLR NET
· Blended 94% NET from 600+ FICO
* Streamlined API Integration for easy onboarding with FillQuick, SecurityTrax, WeSuite, Workhorse
