FILO works for
financial institutions.

Key Metrics

In 2020, FILOs market alone saw more than 1,600,000 auto loans written.

How many went to your financial institution?

Auto loan borrowers are out there, but they aren’t walking into your branch to secure financing. Instead, they’re headed right to the dealer where they lock in competitive rates at the time of the sale.

And the big banks are using their scale, technology, and budget to dominate that marketplace.

You’re not alone if you simply don’t have the tech, time, budget, and personnel needed to manage the complexities of a direct relationship with dealers.

Luckily, this doesn’t mean you need to give up your share of the market. Instead, partner with FILO.

How Does FILO Help?

For financial institutions seeking loan growth and asset diversification, FILO is a turn-key, indirect lending partner that provides a low-risk revenue and customer acquisition stream. We use our decades of experience and our relationship with 800+ dealer partners to help you boost consumer loans, diversify your portfolio, and add a new interest revenue stream.

There are no monthly fees or set up costs, either – our transparent, flat-rate pricing structure means you pay an affordable, flat rate for loans that you book.

The best part? FILO handles the entire process.

• We vet our dealer partners and manage the dealer relationships.
• We buy, aggregate, audit, and fund the loans.
• Your FI receives a daily package of loans that meet the criteria you dictate, including volume, credit tier, and geographic location.
• Your FI reviews and approves the loans. Once approved, your FI becomes the servicer, giving you loan growth and new members.