ATLANTA – Manheim has added Franklin Capital Corp. to the list of companies participating in Dealer Auto Funding Solutions (DAFS), a Web-based platform that connects independent automobile dealers with major retail financing lenders.
Through the DAFS program, dealers can make retail financing decisions in real-time and finalize consumer transactions in seconds with a complete tier of national and regional lenders, which now includes automotive lending specialist Franklin Capital Corp. The decision and risk analysis program is powered by technology from California-based Bankers Integration Group (BIG) and is administered through Manheim.
Manheim is providing nationwide sales support to Franklin Capital Corp. as part of the DAFS agreement.
Other financial institutions already connected to DAFS include Bank of America, Bay View Acceptance Corporation, Bank of Stockton, Chase Custom Finance, Crescent Bank, Fireside Bank, Guaranty Bank, and Nationwide Acceptance Corp.
Manheim plans to complete the national rollout of the DAFS program by the end of the year.