One Call Program

The strategic alliance between SFC and GE Money forms a powerful team of credit professionals ready to serve all of your customers from A-Z. The power starts when your representative makes the first call to GE and is hot-switched (phone transferred) to SFC for a second look in the event they were unable to approve the application. Your representative simply re-reads the information on the credit application and SFC will render a credit decision within 5 minutes. Upon approval, we will forward the pre-populated loan documents via email or fax.

Program Details

Credit: A-F
Rates: 17.99-21.99
Term: 12-120 Months
Pre-Payment Penalty- None
Loan Amount 1,000 to 20,000
Promotion: 90 Days Same As Cash (qualified applicants)
Document Delivery: Email or Fax (Within 5 minutes)
Funding: Electronic (72 hrs after receipt of originals)
Discount: 5-20% (Depending on Credit Risk)

Dealer Enrollment (PDF Download)

Home Improvement(PDF Download)

HVAC (PDF Download)

Dealer Agreement (PDF Download)

Sample Loan Package (PDF Download)

 

 

ONE CALL FAQ

1. What is the “second look” program?
a. The second look program allows SFC to review declined credit applications for customers with less than perfect credit or who have filed a recent bankruptcy.

2. What approval rates can we expect?
a. SFC’s historical approval rate exceeds 50%

3.Do I need to be enrolled with GE Money and Service Finance to participate in the second  look program? 
a. Yes- Enroll with SFC by visiting www.svcfin.com or call (866) 254-0497
b. Enroll with GE Money by visiting www.GEmoney.com

4. What if I am selling in the home?
a. If you are selling in the home and phoning credit applications to GE Money, you will be transferred upon decline to SFC for a second look.

5. Do I need to re-read the customer information to SFC if I already phoned to GE Money?
a. Yes- You will need to re-read the application to SFC.

6. Do I need to fill out another credit application?
a. No-The GE Money application has language contained therein authorizing SFC to pull the customer’s credit.

7. How long will it take to receive a credit decision?
a. Average time is 5-7 minutes

8. How will I receive the documents?
a. SFC will send the pre-populated documents via fax or email so there is no paperwork for you to fill out.

9. How long will it take to get funded?
a. Funds will be wired 72 hours after SFC receives the documents

10. Do I need forms such as credit applications or retail installment contracts?
a. No

11. Are there discounts associated with using SFC?
a. Yes- approved applications have a typical discount of 10%. The discounts range from 5% to 20%.

12. What are the loan amounts SFC will consider?
a. $1000-$20,000

13. How long will SFC finance a customer?
a. The term of the loans range from 12 months to 120 months

14. Are there any pre-payment penalties associated with SFC’s program?
a. No