Does FILO offer e-contracting?
Yes. FILO offers multiple methods of submitting packages for funding, including e-contracting.
What percent of NADA retail will FILO finance?
FILO advances up to 125% of NADA retail plus competitive amounts of back-end products.
What are FILO’s underwriting criteria? What vehicles will they finance?
In addition to our market-competitive rates, we offer 84-month terms through three model-year-old vehicles and 75-month terms through six model-year-old vehicles. We finance vehicles up to 10 years old and with a maximum mileage of 125,000.
What credit tiers will FILO finance?
FILO funds a wide range of credit criteria (>600 FICO): prime, near-prime, and non-prime credit categories.
How fast does FILO fund?
FILO can approve a credit application in seconds. Funding can be as fast as the same day, dependent upon our timely receipt of necessary paperwork.