Automatic
Curated by SignalConsumer direct lender streamlining financing for used auto dealerships.
Overview
Automatic operates as a consumer direct lender, offering a platform designed for used auto dealerships to enhance their financing processes and provide backend products. The company utilizes artificial intelligence and machine learning to assess applicants' financial data, which aids in expediting loan approvals. Its product range includes personal loans, installment loans, and lines of credit, along with additional offerings such as Guaranteed Asset Protection and Vehicle Service Contracts. Automatic serves both small and large independent dealerships, facilitating connections to various auto lenders and enabling the bundling of financing options and backend products. This model aims to improve efficiency and flexibility within the used auto financing sector.
Key facts
- Founded
- 2020
- Headquarters
- Vernon, United States
- Stage
- Sign up to view
- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
- Sign up to view
Contact
- Primary office
- Sign up to view
- Sign up to view
