Revvable

We had the pleasure of attending the Powersports Finance conference last week and would like to thank Auto Finance News for a great event. One thing we heard consistently: banks are looking to invest further into technology enabling dealers to move faster, meet customers earlier in the funnel, and clean up the buying experience. This is a core foundation that we believe in at Revvable. It's exciting to hear we can expect further participation from key lenders. On the not so fun side: fraud is up and your staff is the first line of defense. Make sure they are tight with the credit app process and looking to spot fraud early to reduce back end headaches and costly mishaps.

Don't build tech for the sake of building tech. Your customers don't care about the fancy "tech company" they care that it has meaningful impact on their business. On the surface - we save time - below the surface where the majority of iceberg lay hidden is how that time saved translates into revenue generating activities. Messages like this help us know that we are headed in the right direction. Much more to come.

It's unfortunate news to hear the unexpected closing of Credit Apps. We’ve enjoyed the competition with Credit-Apps over the past year. They’ve pushed us to be better and have played a key role in the industry. Educating dealers about a better way forward alongside us. We firmly believe at Revvable, if a dealer wasn't using our platform we'd want them using a competitor. A solution is better than none. Please don’t hesitate to reach out if we can support you in any way.

Want to make more money in your finance department, while possibly reducing the number of people it takes? Have you checked out Revvable's form fill technology? If you don't value time and/or money just stop here. What is form fill? The credit application on your website is replaced with a new one. As applications come in, your finance team only needs to click a button to submit that application to one or multiple lenders. No typing, no fat-finger mistakes, and ultimately a considerable amount of time saved. In many dealerships, the finance staff have a go-to lender. This is often the one that is easiest to submit applications to, but not always the one which may provide your customers with the best rates, or the one which allows the dealership to maximize the deal. With form fill, that pain of entering an application into multiple lender sites is eliminated. Dealers who have used form fill all say the same thing, "we will never go back to manually entering applications". There has been a lot of turmoil in the powersports form fill sector. One company folded, and another is about to. However, Revvable is different. - Fully funded by a couple of investors who have a long track record of successful launches - Just celebrated their 3 year anniversary - US based and staffed - Strong talent on the team (including the lead engineer who upgraded to this position from Rivian) - Financially stable - Technology built on leading industry infrastructure, with security being a primary concern - Customer retention rate over 90% - Integration with leading DMS including being able to feed some data into the Lightspeed DMS Analysis of the time that dealers spend on entering credit applications is considerable. Some research has shown that the average powersports finance manager spends 60-80 hours each month entering applications into websites. You can regain almost all that time, and all for less than $500 a month. This technology is not just limited to powersports dealers, and can easily scale to support marine and RV dealers. If you value your time and money, and would like to enter the 21st century, reach out to Jory Anderson or Sean Gates and schedule a demo. You won't be disappointed. p.s. One other thing. We have some cool new tools coming down the pipeline, to eliminate some major pain points that dealers have to endure. Can't tell you what those are, but current customers will be on the top of the list to try out this new tech. It's really going to change the game. #powersports #CreditApplications #FormFill #Financing #Marine #RV

On average, only 36% of your website visitors complete the credit application they start—leaving valuable sales opportunities behind 🚨 In this episode of the Dealership fiXit Podcast, we chat with Jory Anderson, CEO of Revvable, about transforming the credit application process by automating and streamlining it for both dealerships and customers. Jory shares powerful tips on how to engage leads and turn missed opportunities into showroom appointments. Don’t miss out—catch the full episode now on Dealership fiXit 👉 https://lnkd.in/gz2S5itJ 👀 Find us on Spotify, Apple, or YouTube 🎧 Spoti.fi/3N9lzfg 🎧 Apple.co/43FoanX 🎧 https://lnkd.in/gtznGuuC Follow our guest: ➡️ LinkedIn: Jory Anderson ➡️ Website: Revvable.com Follow Our Host: ➡️ LinkedIn: Jacob Berry ➡️ Website: InternetSalesCoaching.com Follow the Fixit: ➡️ LinkedIn: Dealership fiXit ➡️ https://lnkd.in/ghGx6dJ6 ➡️ https://lnkd.in/gS7gS-xT ➡️ https://lnkd.in/ghrdJH9U ➡️ https://lnkd.in/geZwprfT More Ways to Connect 🔗 linktr.ee/dealershipfixit 📢 Sponsor: Dealers.MotoHunt.com #PowerSportDealer #MotorSportDealer #DealershipFixit #Dealership #DealershipLife #MotorsportLife #Motorsports #Powersports #SalesSuccess #LeadConversion

Check out Jory Anderson, CEO of Revvable, on the Dealership fiXit podcast! In this episode, Jory dives into the challenges and opportunities in the Powersports industry and shares how Revvable is revolutionizing the way dealerships handle financing. https://lnkd.in/gz2S5itJ

Can We Versus Should We? Revvable can’t solve all your problems, but we can give you 60 hours a month back. For those of you playing at home (or back office scarfing down lunch before the deal needs to be rolled), that's 72 extra business days a year! How could 72 extra business days boost your dealership? Imagine this: you hire a top-notch Finance Manager, but they’re manually typing in apps for hours every day… a task that can be replaced with a click of a button. Should they be spending SIX business days a month manually retyping data? But you hired them to be the best, so it's on them to pound the keyboard, right? Some quick comments from customers using Revvable: •"It's cleaned up admin work, allowing me to tailor my F&I survey and backend presentation to customers. It's quicker overall, and they're happier to buy what's important to them." •"We've gained more leads from our website credit app because it allows us to finally see all the customers who don't complete apps the first time." •"It's been refreshing to add more lenders to fund more deals because we now have more time to submit and help our customers out than the standard two or three we've always had." Book a demo with us, link in the comments. While you're there, tell us what you'd rather be doing with those 60 hours a month.

In a powersports dealership that isn't using form-fill technology, the average F&I person spends about 60 hours a month keying in credit applications. Wouldn't you like to get that time back? If you have never looked at a system like Revvable, then it's in your best interest to take a demo. Revvable replaces the credit application on your website. Once applications come in, finance and sales are notified, and you can submit that application to multiple lenders within seconds. - Fill out lender applications with the push of a button: Synchrony, Octane®, Sheffield Financial, a division of Truist Bank. Member FDIC., American Honda Motor Company, Inc. Financial, Yamaha Finance, Ironhorse Funding LLC Funding, and more - Turn your website credit app into a lead generation tool, traditional credit apps are a black hole for leads - QR codes enable dealers the fastest and most secure way for customers to complete your credit app - You and your customers data never leaves your system, fully encrypted, and secured with Multi-Factor Authentication (MFA) - Customer leads automatically route to your CRM and DMS - Leverage the power of 700Credit for hard & soft credit pulls directly in Revvable. Incoming applications are automatically loaded into a Trello style board which allows you to easily track and maintain a large volume of applications. And, the RFF works through your web interface, so multiple new lenders can quickly be onboarded. And, all this for ~$300 a month (depends on volume and options you choose). Interested, then reach out to Jory Anderson or Sean Gates to schedule a demo. With a greater than 90% retention rate, once you give this a shot you will never go back! ** in full disclosure, I'm not compensated for referrals, but I do have an investment in this company. I only recommend it because I believe in what they are doing, and I've seen how these tools benefit dealers. And, there are some super cool new additions coming down the pipeline. #Revvable #FormFill #CreditApplications #Sheffield #Octane #Synchrony #FormFill #Powersports