Glenview Finance Unveils Bulk PurchasingProgram for Automotive Finance Portfolios

CHARLOTTE, N.C. (April 26, 2024) — Glenview Finance, a leading financial institution headquartered in Charlotte, N.C., has launched the Glenview Finance Bulk Purchasing Program, setting a new standard in automotive finance portfolio management. 

Glenview Finance offers a Bulk Purchasing Program for medium and large dealerships and finance companies. This program provides tailored solutions to optimize cash flow and mitigate operational risks. Clients can sell all or portions of their portfolio, which helps them raise cash quickly, reduce operating risks, and maintain the trust of their customers.

Key Highlights of the Glenview Finance Bulk Purchasing Program:

• Portfolio Flexibility: Portfolio sizes range from $5 million to $30 million.

• Streamlined Process: Application, due diligence, and approval are completed in days, not weeks, ensuring expedited transactions.

• Automotive Focus: Specializing in automotive portfolios, encompassing various vehicle types and dealership structures.

• In-House Collectors: A diverse group of well-trained collection representatives who are bilingual in Spanish and English help customers with questions about their accounts. 

• Customized Solutions: Tailored pricing options and flexible terms to meet the unique needs of each dealership or finance company.

• Seamless Transition: Smooth customer transitioning through a partnership approach, ensuring minimal disruption and enhanced customer satisfaction.

Glenview Finance will inform all customers that we purchased their contract, provide all the necessary information about the transition, and confirm all pertinent customer information. The goal is to be informative and give the customer a good experience. 

“This new program complements and enhances our full-service financial portfolio management platform, Glenview Finance Solutions, and our direct-to-consumer subprime financing operation, Credit Builder,” said John Donaldson, president of Glenview Finance. “We offer a comprehensive portfolio management approach and unparalleled efficiency, reliability, and financial expertise.”

About Glenview Finance Solutions, LLC

With a decade of experience in automotive finance and a senior leadership team boasting nearly a century of expertise in finance and accounting, Glenview Finance Solutions, LLC, is dedicated to providing exceptional service and innovative solutions in finance portfolio management.

For more information, please contact:

John Donaldson (704) 954-8489

Glenview Finance Solutions, LLC Announces ComprehensiveServicing Solutions for the Finance Industry

CHARLOTTE, N.C. (March 29, 2024) — Glenview Finance Solutions, LLC, an innovative leader in the financial servicing sector, has created and now fully deployed an intricate, full-service financial portfolio assets management platform and servicing business serving those engaging in automotive and consumer loans.

Situated in Charlotte, N.C., Glenview is committed to enhancing clients' operational efficiency and financial growth. Clients include community banks, equity funds, hedge funds, smaller dealerships, and consumer finance lenders.

Among the vital services Glenview provides are:

• Underwriting Expertise 

• Data Collection and Analysis

• Payment Processing Solutions

• Compliance Management

• Customer Support and Service

Strategic Reach and Client-Centric Services

Predominately serving the Eastern and Southern U.S. since its launch late in 2023, Glenview's operations extend from Ohio to Florida. The company has demonstrated a commitment to servicing a broad spectrum of clients with a team of seasoned, professional bilingual collectors, ensuring precise, effective communication and inclusivity.

Diverse Services for Varied Financial Entities

Offering a comprehensive suite of services, Glenview specializes in the intricate management of automotive and consumer loan portfolios. These services include meticulous legal and regulatory compliance oversight, account servicing, and customer engagement — professionally and precisely.

A Legacy of Financial Excellence

John Donaldson, president of Glenview Finance Solutions, has over two decades of experience in the financial sector and emphasizes the company's dedication to meeting the needs of a broad spectrum of finance providers.

"Glenview Finance Solutions will work with any finance provider that prefers a third party to manage the numerous, complicated, and sometimes tedious technological and customer service activities required for portfolio management," Donaldson said.

Technological Innovation for Tailored Experiences

Glenview leverages advanced software solutions to deliver fully customized servicing experiences. Tailored to align with each client's unique strategic needs, the company provides them with a competitive edge in portfolio management.

 Empowering Clients Through Expertise

Glenview enables its partners to concentrate on business growth by handling the complexities of servicing and compliance. It leverages its expertise to facilitate its focus on core business activities, freeing its clients to focus on portfolio growth and improved efficiencies.

Advanced Data Management and Client Support

Glenview stands at the forefront of data-driven portfolio servicing, offering customizable reports and secure data storage, ensuring comprehensive support, regulatory compliance, and true transparency for clients and their customers.

Expanding Footprint and Commitment to Service

As Glenview rolls out its services, primarily in the Southeast U.S., it remains focused on the ever-changing complexities of regulatory compliance and delivering top-tier finance portfolio servicing. Growth has proceeded quickly, and the company is exploring new opportunities in states like Pennsylvania.

About Glenview Finance Solutions, LLC

With a decade of experience in automotive finance and a senior leadership team boasting nearly a century of expertise in finance and accounting, Glenview Finance Solutions, LLC, is dedicated to providing exceptional service and innovative solutions in finance portfolio management.

 For more information, please contact:

John Donaldson

704-954-8489

Glenview's Credit Builder: Transforms Subprime Auto Financing

Subprime auto finance companies have become increasingly cautious with subprime and deep subprime contracts. Major finance firms have tightened their credit standards, and some smaller regional businesses have exited the marketplace. Glenview, conversely, rolled out its new Credit Builder program in January and has since made significant inroads in the subprime market.

This innovative program provides clear box program guidelines, personalized decisioning, quick funding, and world-class customer service.

Glenview Finance took a meticulous approach to developing and introducing the Credit Builder program. The soft rollout allowed the company to fine-tune the program, ensuring it met all personnel, procedural, and policy goals. The result was an offering that dealers readily embraced. The program now funds over $1 million a month, and the growth continues unabated.

Designed for franchise and independent dealers, Credit Builder's point-of-sale financing experience is simple, intuitive, and efficient. Dealers can access all relevant information, including terms, conditions, incentives, and pricing tiers, in just two concise pages. The streamlined process is made possible through the widely available DealerTrack financing platform, making it convenient for automotive retailers to apply for the program.

One of the program's key strengths is its ability to deliver fast funding decisions. Glenview's underwriters benefit from sophisticated technology, enabling them to make swift decisions when deals align with the Credit Builder's parameters. This agility ensures dealers and their customers can get funding promptly.

Credit Builder's competitive rates and flexible terms give it a distinctive edge in the subprime financing marketplace. The program's empowerment of underwriters to match or exceed competitors' offerings ensures dealers receive the best possible terms for their customers.

The Credit Builder program extends financing to a broader range of customers, empowering them to purchase the necessary vehicles. With minimum FICO scores as low as 500, a reasonable six-month job history, and a manageable down payment, more customers can qualify for financing. This inclusivity opens up opportunities for dealers to serve a diverse customer base.

Credit Builder provides a new source of subprime financing and a fresh perspective to dealers and customers alike. Call Glenview Finance today at (877) 413-5929 and select Option #1 to learn more about how Credit Builder can help you grow your business.