Toby Reiley
  • Marblehead, MA
  • United States
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Latest Activity

Toby Reiley commented on Jenny Murphy Bloodworth's blog post Proposed Legislation in California Could Cause Issues
"Sheldon-  you are right.  I apologize and agree. No more advertising.  I saw the SUBPRIME NEWS article that quoted Ken Shilson as saying that the State of CA might loose $70M in sales tax, and I thought it was an exageration given…"
Jun 13, 2012
Toby Reiley commented on Jenny Murphy Bloodworth's blog post Proposed Legislation in California Could Cause Issues
"While the proposed legislation appears to severely limit dealers, FinCo Management provides a solution which keep dealers compliant today, and in many cases makes the dealer more profit both at closing and over time than the dealer can make…"
Jun 13, 2012
Toby Reiley replied to Drew Myhree's discussion BHPH Warranties?
"Drew-   You need to do some homework.  here are a few of the 10 Questions you need to ask which come from our Webinar Series.  We have been offering BHPH warranties for years.   1)  Make sure you know the difference between…"
May 24, 2012
Toby Reiley replied to Sandra L Moriarty's discussion Financing option for independent in MA
"The profits can run 40% higher for taking them over time in an outsourced BHPH operation, and 25 to 30% higher if you do your own BHPH.  Plus its tax deffered.  You clear $750 to $1000 up front (from the down payment and our…"
May 15, 2012
Toby Reiley replied to Sandra L Moriarty's discussion Financing option for independent in MA
"Karl.  Interesting post.  FYI, Westlake is not yet in MA.   How does taking a "weak" application with cash income, no social, no tradidtional residence affect your CAC advance?  Before I became a lender I found it…"
May 15, 2012
Toby Reiley replied to Sandra L Moriarty's discussion Financing option for independent in MA
"Sandra-  Are you looking for Deep Subprime as well, which covers 1/3 of the adults in the US.  If so please give us a call at www.FinCoManagement.com  781-639-6000, speak to Scott or Kyle and they can get you set up quickly. We…"
May 15, 2012
Toby Reiley replied to Dave Fortney's discussion Carvant Financial
"What state(s) are you in?"
Apr 25, 2012
Toby Reiley replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies
"www.fincomanagement.com We provide Deep Subprime financing solutions which allow you to earn up to 90% of amt. financed over time for BHPH type financing.  We pay 50% now ,plus we finance Warranty, VSI and GPS.  You earn as the…"
Apr 11, 2012
Toby Reiley joined Greg Goebel's group
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Auto Finance Companies

Use this forum to ask questions or share information about auto finance and leasing companies. One suggestion - rather than writing on the "wall", keep the discussions organized by adding to an open topic or by starting another discussion.
Apr 11, 2012
Toby Reiley replied to Jake C's discussion BHPH Accepting online payments through a website who does it?
"Here at FinCo Management, over 90% of our payments are electronic. 42% are scheduled, 50% are online payments, done either with or without telephone assistance.  62% are weekly.   We discourage ACH payment as they can cahrge the consumer…"
Apr 4, 2012
Toby Reiley replied to Ben Misra (secondarypro)'s discussion WHAT SUB PRIME COMPANIES WILL SIGN BRAND NEW DEALERS
"If the dealer is in CA, TX, TN, MS, GA, FL, IL, OH or MA, take a look at FinCo Management.  We are an excpetionally Deep Subprime indirect lender which gives the dealer the ability to take a $1000 profit at closing and a full BHPH type…"
Feb 28, 2012
Toby Reiley replied to Karl Jensvold's discussion Auto Check or Car Fax? Which one works better for you?
"We are finance company in the BHPH arena.  We only use AutoCheck as their data has been shown be superior in determining how many vehicles were flood branded after Katrina.  With our volume, our rates are probably much better…"
Dec 21, 2011
Toby Reiley replied to Paul M Plage's discussion Looking for lenders in Northeast that sign large independents...
"Ian Anderson at Westlake (Prime to SubPrime) and we at FinCo (Depp Subprime) can certainly cover the waterfront for you. Here at FinCo we specialize in funding dealers who want to support a BHPH type customer. We partner…"
Dec 13, 2011
Toby Reiley replied to Rodney Herring's discussion Need Financing
"  Rodeny   I'd love to offer you some finanincing.  We specialize in deep subprime buyers and fund within 48 hours of your closing.   Please give me a call:   Toby Reiley President www.FinCoManagement.com 781-639-6000"
Oct 28, 2011
Toby Reiley replied to Jason Vallett's discussion Great Finance Companies for Small Independent Dealer
"Jason and Frank-   We are licensed in both states, and just beginning operation in each.  please give me a call at 781-639-6000 or visit the website www.FinCoManagement.com   Toby"
Oct 10, 2011
Toby Reiley replied to Jason Vallett's discussion Great Finance Companies for Small Independent Dealer
"I represent Finco Manangment, a deep subprime lender.  what state are you in?   Toby Reiley 781-639-6000"
Oct 9, 2011

Profile Information

Company
FinCo Management
Position
President
Dealership, Allied Industry or Finance Company?
Finance Company
If Dealership, Franchise or Independent
Not Applicable
Your web site
http://www.fincomanagement.com

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