Universal Special Auto Finance SeriesI, II, and III

 

Universal Special Auto Finance offers The Series™ to financial institutions and investors (“lienholders”).   Universal offers this lending model to community banks through its SAF SeriesI program.  SeriesII is designed for larger banks and SeriesIII is designed for investors in a Special Purpose Vehicle (SPV). 

 

Using a proprietary combination of custom policies and procedures for auto finance lending and a network of partners that are industry leaders, the Company builds and manages high performance loan portfolios.  As part of this unique, turnkey program, U-SAF:

  • generates application flow from its nationwide network of dealer partners,
  • develops and implements custom underwriting and servicing parameters that are customized to the auto finance needs of mainstream, “Middle American” consumers,
  • contracts with industry-leading business alliances to implement loan servicing activities, and
  • monitors and manages portfolio performance for the lienholder.

 

The Series™ is designed to provide a customized, managed-risk, auto lending program that is cost effective, simple to implement, and performed by industry leaders.  With proven executive, strategic, and operational strengths, U-SAF provides financial management expertise that ensures the accurate identification and pricing of loan opportunities and compliance with all applicable regulations, then sets customized standards for servicing and collections on those loans.  U-SAF also continuously monitors portfolio performance to maximize yield and minimize risk.  Based on the strength of the U-SAF Series model and U-SAF’s reputation in the market, the Company has entered into agreements with a respected group of industry leaders to provide services related to application flow, credit evaluation, data tracking, servicing, collections, and asset reallocation.  This ensures that loan portfolios are managed with the best industry practices available, at costs that are below industry standard--due to the volume discounts negotiated by Universal--and with constant monitoring and evaluation by Universal.

 

  • Universal’s key business relationship is with Computer Sciences Corporation (“CSC”), a Fortune 150, publicly-traded company whose client list includes nearly half of Fortune’s global 500 financial services companies, 1/3 of the world’s top 50 banks, more than half of the top 50 U.S. banks and insurers, and nearly half of the top 25 U.S. banks.  CSC has extensive experience in providing the technology platform for boarding and servicing auto loans, proven performance in conducting third-party review of loan files to confirm compliance with both regulations and stated credit policies, and expertise in conducting servicing and collections on auto loan portfolios for mainstream consumers. 

 

  • In addition, CSC manages and reports on all loan data and manages cash flows related to Series portfolios, enabling lienholders to rely on their established technology and cash flow management systems.  Through this partnership, Universal brings the strength of a well-established industry leader with proven infrastructure to compliment its innovative auto finance model.

 

The Company’s unique model provides lienholders with various options enabling them to maximize yield, minimize risk, and manage liquidity.  These options include choices about the level of capital allocated, timing of capital allocation, and whether to sell the loans to another investor or financial institution as part of the Series, sell the loans out of the Series at various stages of loan aging, and/or purchase Series loans from other financial institutions or investors.  No other mainstream lending product provides this type of flexibility and control.

 

Thus, the Series brings lending opportunities to financial institutions and investors that seek opportunities to generate high yield, but require predictable, manageable risk without having to create custom lending guidelines and manage internal infrastructure.   

For more information on The Series™, please contact:

John Scordo, CEO

303.773.4227

jscordo@universalsaf.com

 

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