dealer portal reference guide - foundation finance company...• in-person electronic signing via...

Dealer Portal Reference Guide

www.foundationfinance.com

®

Table of Contents

Contact List 1

Welcome 2

Dealer Portal 3

Dashboard & Work Queue 4-5

Advanced Search & Unsubmitted Apps 6

Application Information 7

Application Review 8

Create Loan Documents 9-11

Complete Loan Documents 12-14

Completing Hard Copy Forms 15-18

Closed End Payment Factors & APRs 19-20

Loan Completion Certificate 21

Upload Documents 22

Customer Notes 23

Reports 24

Setup 25

User Login Setup Emails 26

Support 27

DecisionLaunchpad Link 28

Contact List

1

Follow us on our social channels for updates, important announcements, free content and more!

Credit Dept.855-241-0024

Option 3, Option 1

Ext: 4436Fax: 715-847-4437

[email protected]• Approvals

• Stipulations• Re-looks/Credit Increases

Funding Dept.855-241-0024

Option 3, Option 2

Ext: 4438Fax: 715-847-4439

[email protected]• Paperwork

• Stipulations• Loan Completion

Certificates

Dealer Support Dept.855-241-0024

Option 3, Option 3

Ext: 5012Fax: 715-847-4429

[email protected]• Training

• Point of Sale Materials• Change of Dealership

Information

Physical Address(Documents mailed UPS, FedEx, etc)

Foundation Finance Company7802 Meadow Rock Dr.

Weston, WI 54476

Mailing Address(Documents sent US Postal Service)

Foundation Finance CompanyP.O. Box 437

Schofield, WI 54476

Hours of Operation (Central Time Zone)

Monday-Thursday: 7 a.m. - 9 p.m.Friday: 7 a.m. - 6 p.m.

Saturday: 10 a.m. - 2 p.m.

Welcome

Welcome to the new Foundation Finance loan software platform.

DecisionLender

FFC is ready to blast into the future with the introduction of our new loan software platform. We have built a flexible, scalable, easy-to-use system that will support our growth (and that of our valued dealers) for many years to come!

What's new?

• Automated Decisioning – get faster answers and longer service hours for applications entered in the new platform. FFC underwriters will still review the more challenging applications to ensure we are giving you as many approvals as we can.

• In-Person Electronic Signing via Docusign – this new feature, in addition to the email (remote) signing option, will give you the tools to close deals more quickly.

• API Integration – the new platform allows FFC to integrate with a variety of different dealer platforms and third parties to continue to bring new features to our dealers.

• Improved System Reliability and Flexibility – more options for things like notification emails, reporting and promotional plans will allow FFC to better serve you.

• And much more to come!

We are excited for the initial launch of DecisionLender … and for the upcoming enhancements and improvements on the horizon. We appreciate your patience as we work to transition fully to the DecisionLender system. Our team is ready and waiting to assist you with any questions you have or training you need.

THANK YOU for helping make this possible through your business and support. We look forward to what the future holds for us all!

The FFC Executive Team

FOR QUESTIONS OR TRAINING, CONTACT:[email protected]

855-241-0024 x5012

2

Dealer Portal

3

DecisionLender allows you to:• Submit new loan applications.• Check the status of your loans – Approved, Denied, Funded, etc.• Generate completed loan documents for electronic signature, in-person

signing or print.• Access online training materials. • View and download application and

purchase reports.• Create additional users with limited

access.

Let's get started.

Go to foundationfinance.com and click Dealer Login

Login using the information

provided to you and password you created.

All new applications and activity will be

done in DecisionLender.

Kwik-Dealer will only service applications

submitted prior to the new software launch.

If you have issues logging in or forgot your password, click

here.

Login to Kwik-Dealer Login to DecisionLender

Dashboard & Work Queue

4

The Dashboard area is still in development and will contain information and data for tracking your business growth with FFC.

My Apps will display all of your applications.

Clicking the App

Number will open the

application.

The number of stipulations for each loan are listed here.

The status of your documents will appear

here. See below for status definitions.

Expiration DateDate the loan approval expires

Active StipsNumber of stipulations, if any, that have not been satisfied

Documents•Need Documents – Need loan documents•Needs Review – Documents have been received and are being reviewed by FFC •Contact FFC – Please contact FFC regarding questions on the documents you submitted•Dealer Action Reqd – FFC has informed you of an issue with the documents. Please make the necessary changes to resolve the issue•Cancel – Loan application has been canceled•Sent Back – Loan application has been sent back to the dealer•Cleared – The documents have been reviewed with no issues

Verification•Need Items – Awaiting items to verify the loan•Need Verification – Need to complete verification•Need Pre-Verify – Need to complete pre-verification•Need Final Verify - Need to complete final verification•Needs Review – FFC is reviewing the verification•Contact FFC – FFC has questions regarding the verification. Please contact the office. •Dealer Action Reqd – FFC has informed you of an issue with the verification. Please resolve the issue •Cleared – The verification has been completed

Originals•Have Originals – FFC has your original documents•Need Originals – Please provide your original loan documents to FFC

Work Queue - My AppsSelect how

frequently your list refreshes.

The status of your application submission will appear here. See below

for status definitions.

Definitions

The status of receipt of the original documents will appear here. See below for

status definitions.

The status of the verification will

appear here. See below for status

definitions.

Sort your work queue based on the type of application you want to

see.®

Dashboard & Work Queue

5

Work Queue - New Application

Use the TAB key to move through the fields for best results.

To enter a new application, click New Application under

Work Queue.

If a required field is missed, the field will appear in red at the top

of the application.

Blue "Submit" buttons are located at both the top and bottom of the

application screen.

FFC will immediately be notified of the new application to be processed. The application will either be autodecisioned or assigned to a credit analyst to review and you'll receive a decision email and the status will be updated in the Dealer Portal.

Click here to add a co-applicant to the

application.

If you need additional info or need to come back to the application, you can save what you

have. The application moves to the "Unsubmitted Apps" section.

Advanced Search & Unsubmitted Apps

6

Search for any of your applications using one or more

of the criteria below.

Applications started but not submitted will appear here.

Click the applicant's name to finish completing the

application.

Application Information

7

Click the App Number to access an application.

The decision status indicates

FFC's decision on the application.

Clicking the number of stipulations will show any stipulations on the account.

This is the date the loan will expire.

The funding status shows if documents have been received or if the loan has been

funded.

Clicking the applicant's name displays the applicant's

personal information.

®

Application Review

8

You can review the application information submitted.

To add a co-applicant, either call the office or click Create New App.

It duplicates the existing application and allows you to add a

co-applicant.

Create Loan Documents

9

Click the application number to begin creating documents.

Click the ContractPrep tab in the decision screen.

The document type will default to Electronic

documents.

To generate Paper documents, click the Paper toggle button.

Generating Paper documents will eliminate your ability to generate electronic

documents for the life of the loan. When possible, generate electronic documents.

If you're generating an LCC at a later time, you can select e-sign as a signing option.

Click Cancel to return and generate Electronic documents or Confirm to generate paper

documents.Reminder: Choosing Confirm means you will never be able to

generate electronic documents on this loan.

®


10

Choose the Create New button to begin a new set of

documents.

Select your loan type - Closed End (CE) or Revolving

(REV) here

To include a Same-as-Cash promotion, choose Yes.

If including SAC, choose the Same-as-

Cash term here.To include a deferred payment,

choose Yes here.

Select the deferment term

here. The Contract Rate will default to 17.99%*. To reduce

it, select the desired rate from the drop down.

*State-specific requirements apply

Complete the description of goods with the specific work being completed.

If the project is completed, check this box

and select completion date to include the LCC.

First Payment Date will automatically populate 30 days from contract date or based on the promotion selected. The actual 1st

payment date will be 30 days from project completion.*Customer can request a one-time payment date change.

Choose desired term or payment factor.

If the Edit and Create New buttons are red, FFC is missing state-specific

documentation for you to do business in the applicant's state. Contact Dealer

Support.

All fields in the above section are required even if choosing the standard rate. See chart below for examples.

Promotion Offered SAC SAC Term Deferred Payment Deferred Term Contract Rate

9.9% APR No No Term No No Term 9.9

12MOSAC Yes 12 Months No No Term 17.99

6MODEFSAC Yes 6 Months Yes 6 Months 17.99

18MOSAC, 11.9% APR Yes 18 Months No No Term 11.9


11

To submit the customer's ACH information, click here.

Complete all required fields.

If customer confirms during verification, you are eligible to

receive an ACH bonus.*

The sale price can be adjusted here. Reminder: To increase the amount of the loan, you must

contact the credit department.

Disclose any down payment from the customer here.

Click Save and Validate to save all changes made to the

documents.

*ACH BonusYou can earn an extra 1% bonus on Tier 1 and Tier 2 customers or a 2.5%

bonus on Tier 3 customers. Valid information must be provided and the customer must confirm the info on our

verification call.

Complete Loan Documents

12

Click any of these buttons to review a copy of the document.

Remote Signing - customer will receive email to electronically sign

documents.

In Office Signing - all parties can sign the loan documents at the same time using the

same device.

Separate emails for each signer is preferred. If for some reason this is not possible, one will be sufficient but we will be confirming during the verification that both parties have access to

the final signed documents.

Click the Documents button to view individual documents and

send for signing.

Click to send to DocuSign

Electronic Signing

*If you selected print documents, please see page 14


13

[email protected]

[email protected]

Esign - Remote Signing

The Status shows the sign completion status for each signer.Document Signing Order: Applicant, CoApplicant, Dealer

Send a reminder to any applicant to sign their documents.

[email protected]

Esign - In Office Signing

Completed

Click to be directed to DocuSign to complete documents.

Click to view a full set of completed documents.

Click here to view e-sign status.

Note: Applicant(s) will receive a validation code via email. This is needed to enter the signing room and complete document signing. When e-signing is completed, signed copies are emailed to all parties.

Status must show Completed before moving on to the next

signer.

Wait 30-60 seconds then refresh before going to next signer.

Click here to sign documents and view status.


14

Paper Documents

Click to generate documents

Click Confirm and Generate to populate the print documents.

A new window will open with the pre-populated documents to print.

Click any of these buttons to review a copy of the document.

Click the Review tab to view, download and print documents.

Original documents need to be mailed to FFC prior to funding.

Completing Hard Copy Forms

1. Fill in the Seller and Buyer information.

2. Fill in the Description of Goods, Itemization of Amount Financed, Loan Payment Factor and the Date of the Sale. Payment factor box under #2. (if there's a down payment, it must be disclosed.)

3. For Promotional Sales only, fill in the Promotion information.

4. The Buyers must SIGN and DATE. (Full signatures required)

5. Watch for any state-specific signatures required on the front or the reverse.

Foundation Finance Company,700 Eagle Nest Blvd, Rothschild, WI 54474 All states except DE,MA,MI,NJ,PA,RI,VT Pg 1 of 2 RCCS-GN Rev 04-01-12 (Foundation First Funding in NY,OK; Foundation Credit Company in NE) COPY 1 (White) – Original COPY 2 (Yellow) – Seller Copy COPY 3 (Pink) – Buyer Copy COPY 4 (Gold) – Buyer Copy

REVOLVING CREDIT CHARGE SLIP – IN-HOME SALES SELLER BUYER

Seller’s Name: ______________________________________________________Address/City/State/Zip: ______________________________________________________Phone: Dealer #: ______________________________________________________

Buyer’s/Co-Buyer’s Name:_________________________________________________________Residence Address/City/State/Zip: _________________________________________________________Co-Buyer’s Address/City/State/Zip (if different from above): _________________________________________________________

The words “Buyer”, “you”, “your”, or “yours” refer to each person who signs this contract as a buyer or co-buyer. The words “Seller”, “we”, “our”, and “us” refer to the dealer who made the sale and any assignee currently holding the contract. We agree to sell and you agree to buy the goods described below in accordance with all terms on both sides and all pages of this contract.

DESCRIPTION OF GOODS OR SERVICES PURCHASED:

ITEMIZATION OF AMOUNT FINANCED

Cash Price $_________ + Sales Tax $_________ - Cash Down Payment $_________ - Trade-in $_________ = AMOUNT FINANCED $ ________________

Minimum Monthly Payment: __________% (see Revolving Credit Agreement for full description). Date of Sale: ___________________

PROMOTIONAL SALES ONLY:

___ Mos. Same-as-Cash. No interest if paid in full in ____ mos. If the balance is not paid in full in ____ mos., interest will be imposed from the date of contract at a rate of _______%.

___ Interest Rate Reduction. The purchase APR disclosed on your Revolving Credit Agreement will be reduced to ________% for this sale only.

___ Deferred First Payment. The first payment on your account is deferred for 90 days. Interest accrues from day 1 and is not waived.

BUYER’S RIGHT TO CANCEL: You, the buyer, may cancel this agreement at any time prior to midnight of the third business day (5th in Alaska) after the transaction. See the accompanying notice of cancellation form for an explanation of this right.

NOTICE TO BUYER: (1) Do not sign this Agreement before you read it or if it contains blank spaces to be filled in. (2) You are entitled to a completely filled-in copy of this Agreement. (3) You can prepay the full amount due under this Agreement at any time. (4) If you desire to pay off in advance the full amount due, the amount which is outstanding will be furnished upon request. You acknowledge receiving a completed copy of this Sales Slip which is part of and in accordance with the terms of your Revolving Credit Sales Agreement.

BUYER acknowledges reading both sides of this contract and receiving a signed, dated and completely filled-in copy on the date executed and that Seller orally explained the buyer’s right to cancel.

X Date_________________ X Date_________________ Buyer Signature Co-Buyer Signature

KEEP THIS CONTRACT TO PROTECT YOUR LEGAL RIGHTS. THIS INSTRUMENT IS NOT NEGOTIABLE.

THIS REVOLVING CREDIT CHARGE SLIP IS PART OF AND SUBJECT TO THE TERMS OF YOUR REVOLVING CREDIT AGREEMENT AND DISCLOSURE STATEMENT.

NO LIABILITY, PERSONAL OR PROPERTY INSURANCE COVERAGE IS PROVIDED TO BORROWER UNDER THIS CONTRACT.

SEE REVERSE FOR STATE NOTICES AND OTHER IMPORTANT CONTRACT TERMS.HI, NY and WA Buyers must sign on the reverse side.

Assignment to FOUNDATION FINANCE COMPANY (Foundation First Funding in NY,OK; Foundation Credit Company in NE). DEALER HEREBY ASSIGNS ALL OF ITS RIGHTS, TITLE AND INTEREST IN THE REVOLVING CREDIT SALES AGREEMENT AND REVOLVING CREDIT CHARGE SLIP TO FOUNDATION FINANCE COMPANY WITHOUT RECOURSE EXCEPT AS PROVIDED IN THE DEALER AGREEMENT IN EFFECT BETWEEN DEALER AND FOUNDATION FINANCE COMPANY. DEALER MAY ONLY ASSIGN THE REVOLVING CREDIT SALES AGREEMENT AND REVOLVING CREDIT CHARGE SLIP TO FOUNDATION FINANCE COMPANY.

Dealer Name: _________________________________________

By: _________________________________________________ (Authorized Signature) Title: _________________________________

Name: _________________________________________________ (Print Name of Signer) Date: __________________________________

Johnson's Water Treatment

1111 Market St. Weston, WI 54476

888-888-8888 9999

John Smith/ Jane Smith

456 Pine Rd. Weston, WI 54476

Water Treatment System

$5,000.00 $0.00 $0.00 $0.00 $5,000.00

2.0 Oct 5, 2012

6 6 17.99

Johnson's Water Treatment

Print Form

6

1. Complete Sale Information at the top.

2. If the customer/s want to set up ACH payments, complete the ACH box. See page 18 for ACH bonus details.3. The Applicant, Co-Applicant and Dealer Representative must SIGN and DATE. (Full signatures required.)

4. Detach or print the disclosure section and give it to the Applicant.

Make sure you are using the appropriate form for the customer’s state of residence. CHECK THE FOOTER

Fill in only the payment factor percent here, not a dollar amount. Use 2.0% (or whatever payment

factor percent you have selected).

John Smith

Jane Smith

Joe Dealer

10/02/2012

10/02/2012

10/02/2012

John Smith Jane Smith

Joe Dealer

10/02/2012

10/02/2012

10/02/2012

Joe DealerSales Manager

Note: the customer must be given 3 days to cancel from the application or contract date, whichever is LATER.

See page 17 for state-specific restrictions.

Revolving Application

Revolving Contract

15


John SmithJane SmithJoe Dealer

10/02/201210/02/201210/02/2012

1. Complete Sale Information at the top.

2. If the customer/s want to set up ACH payments, complete the ACH box. See page 18 for ACH bonus details.

3. The Applicant, Co-Applicant and Dealer Representative must SIGN & DATE. (Full signatures required)

TRUTH-IN-LENDING1. Fill in Amount Financed, APR and Number of Payments

Payment Amount = Amount Financed X Payment Factor (do not round up. e.g. $150.988 = $150.98)

Total of Payments = Payment Amount X Number of Payments

Finance Charge = Total of Payments – Amount Financed

Total Sales Price = Total of Payments + Down Payment (if any)

2. Payments Beginning Date

- 30-45 days from Date Executed for Standard or SAC (same-as-cash with payment) plans

- 3, 6 or 12 months from Date Executed for DEF or DEFSAC (same-as-cash with deferred payment) plans

*Payment factor sheet can be found on pages 19-20.


Joe Dealer

10/02/2012 10/02/2012

Make sure you are using the correct state form – check the footer.

Installment Contract

Note: the customer must be given 3 days to cancel from the application or contract date, whichever is LATER. See pages 17 for state-specific restrictions.

1. Fill in Seller and Buyer Information. Dealer must sign on the Dealer's signature line.

2. Fill in Description of Goods and Itemization of Amount Financed. (Down payment must be disclosed.)

3. Complete the Truth in Lending Section (see instructions below).

4. Fill in any Promotional Sale Information.

5. Complete the When Payments Are Due section.

5. The Buyer/s must SIGN and DATE. Watch for any additional STATE SPECIFIC signatures required on the front or the reverse of the Contract. (Full signatures required.)

7. Dealer must SIGN the Assignment box. (on the back of the contract or on page 2 of contract.)

Installment Application

16


1. Buyers must SIGN at the top. (Full signatures required)

• Home Improvement- fill in all 4 sections of the NOC.

• Water Treatment- fill in the top 2 sections. (though you can complete all 4, if desired)

2. Fill in the Date of Transaction.

3. Fill in the Dealer Name & Address

4. Fill in the Cancellation Date. - Skip the day the customer is signing. Count 3 business days. That 3rd day is the date to list. See below for additional exclusion requirements.


Dates to Exclude When Calculating Notice of Cancellation Dates

• New Year's Day

• Martin Luther King Jr. Day

• Washington's Birthday

• Memorial Day

SUNDAYS: No state may count Sundays as a business day.

SATURDAYS: These states are prohibited from counting Saturdays as business days: DE, HI, IA, MI, MN, MO, OR, VT, WI

STATE-SPECIFIC NOC REQUIREMENTS: North Dakota - If the customer's age is 65+, the NOC must be out 15 days Alaska – The cancellation period is 5 business days Maryland - The cancellation period must be dated 5 business days after the loan date and 7 days if the customer is over 65

CALIFORNIA: The Loan Completion Certificate must be dated AFTER the Notice of Cancellation has expired. CA law requires dealers to wait on installs until after the cancellation period expires.

• Veterans Day

• Thanksgiving Day

• Christmas Day

MAKE SURE THE CUSTOMERS DO NOT SIGN THE “I HEREBY CANCEL” LINE.

• Independence Day

• Labor Day

• Columbus Day

Notice of Cancellation

FederalHolidays:

17


John SmithJane Smith

10/06/2012

1. Fill in the Dealer Name.

2. Fill in the Date of Sale.

3. Fill in the Installation/Delivery Address.

4. Buyer/s and Dealer must SIGN and DATE. On a joint application, only one customer needs to sign this form. All other forms require joint signatures.

Note: This form should not be signed until all work has been performed or all products delivered. Full signatures required.

CALIFORNIA DEALERS: The Loan Completion Certificate must be dated AFTER the Notice of Cancellation has expired. CA law requires dealers to wait until AFTER the expiration of the 3 day right-to-cancel before installation may occur.

If the customer/s want to set up ACH payments, complete the ACH box. You can earn an extra 1% bonus on Tier 1 and Tier 2 customers or a 2.5% bonus on Tier 3 customers. *Valid info must be provided and the customer must confirm the info on our verification call.

*For some promotional programs, Dealer cannot receive ACH bonus.

ACH BONUS:

Loan Completion Certificate

Optional Automatic Payment Deduction

18

Closed End Payment Factors & APRs

*For APRs and payment factors for loans in Arkansas and/or Vermont - please call the office

Based on the program selection, the payment factor is used to calculate the customer's monthly payment amount.For handwritten documents, the APR may not match the program selection rate. Please use the APR from the chart below.

Rate 12 mo 24 mo 36 mo 48 mo 60 mo 72 mo 84 mo 96 mo 108 mo 120 mo Rate APR for Docs17.99% 0.09172 0.04995 0.03617 0.02939 0.02540 0.02282 0.02102 0.01973 0.01876 0.01802 17.99% 17.99%15.99% 0.09077 0.04898 0.03517 0.02835 0.02433 0.02170 0.01987 0.01853 0.01753 0.01675 15.99% 15.99%13.50% 0.08959 0.04780 0.03395 0.02709 0.02302 0.02035 0.01847 0.01710 0.01605 0.01523 13.50% 13.50%11.90% 0.08883 0.04705 0.03318 0.02630 0.02220 0.01951 0.01761 0.01620 0.01513 0.01430 11.90% 11.90%10.90% 0.08836 0.04658 0.03270 0.02581 0.02170 0.01899 0.01708 0.01566 0.01458 0.01372 10.90% 10.90%

9.90% 0.08790 0.04611 0.03223 0.02532 0.02121 0.01848 0.01656 0.01513 0.01403 0.01316 9.90% 9.90%8.90% 0.08743 0.04565 0.03176 0.02485 0.02072 0.01798 0.01604 0.01460 0.01349 0.01262 8.90% 8.90%7.90% 0.08696 0.04519 0.03130 0.02437 0.02023 0.01749 0.01554 0.01409 0.01297 0.01208 7.90% 7.90%5.90% 0.08604 0.04429 0.03038 0.02344 0.01929 0.01653 0.01456 0.01310 0.01196 0.01105 5.90% 5.90%

Rate 12 mo 24 mo 36 mo 48 mo 60 mo 72 mo 84 mo 96 mo 108 mo 120 mo Rate APR for Docs17.99% 0.09444 0.05142 0.03723 0.03025 0.02614 0.02348 0.02163 0.02029 0.01929 0.01853 17.99% 17.99%15.99% 0.09316 0.05027 0.03609 0.02909 0.02496 0.02226 0.02038 0.01901 0.01798 0.01718 15.99% 15.99%13.50% 0.09159 0.04886 0.03471 0.02769 0.02353 0.02080 0.01888 0.01747 0.01640 0.01557 13.50% 13.50%11.90% 0.09058 0.04797 0.03383 0.02681 0.02264 0.01989 0.01795 0.01652 0.01543 0.01457 11.90% 11.90%10.90% 0.08996 0.04742 0.03329 0.02627 0.02209 0.01933 0.01738 0.01594 0.01484 0.01397 10.90% 10.90%

9.90% 0.08934 0.04687 0.03276 0.02574 0.02155 0.01878 0.01683 0.01537 0.01426 0.01338 9.90% 9.90%8.90% 0.08872 0.04633 0.03223 0.02521 0.02102 0.01825 0.01628 0.01482 0.01369 0.01280 8.90% 8.90%7.90% 0.08810 0.04579 0.03171 0.02469 0.02050 0.01772 0.01574 0.01427 0.01314 0.01224 7.90% 7.90%5.90% 0.08688 0.04472 0.03068 0.02367 0.01948 0.01669 0.01471 0.01322 0.01208 0.01116 5.90% 5.90%

Rate 12 mo 24 mo 36 mo 48 mo 60 mo 72 mo 84 mo 96 mo 108 mo 120 mo Rate APR (12 Month Term) APR (All other Terms)17.99% 0.09838 0.05353 0.03873 0.03143 0.02714 0.02435 0.02241 0.02100 0.01994 0.01912 17.99% 17.58% 17.65%15.99% 0.09665 0.05213 0.03740 0.03013 0.02583 0.02302 0.02106 0.01963 0.01854 0.01770 15.99% 15.68% 15.74%13.50% 0.09451 0.05041 0.03579 0.02855 0.02425 0.02142 0.01944 0.01798 0.01687 0.01600 13.50% 13.28% 13.33%11.90% 0.09315 0.04932 0.03478 0.02755 0.02326 0.02043 0.01843 0.01696 0.01583 0.01495 11.90% 11.74% 11.77%10.90% 0.09230 0.04865 0.03415 0.02694 0.02265 0.01982 0.01782 0.01633 0.01520 0.01430 10.90% 10.77% 10.80%

9.90% 0.09146 0.04798 0.03353 0.02634 0.02205 0.01922 0.01721 0.01572 0.01458 0.01368 9.90% 9.79% 9.82%8.90% 0.09062 0.04732 0.03292 0.02575 0.02146 0.01863 0.01662 0.01512 0.01397 0.01306 8.90% 8.82% 8.84%7.90% 0.08979 0.04666 0.03231 0.02516 0.02089 0.01805 0.01604 0.01454 0.01338 0.01247 7.90% 7.84% 7.86%5.90% 0.08813 0.04536 0.03112 0.02401 0.01976 0.01693 0.01492 0.01341 0.01225 0.01132 5.90% 5.87% 5.88%


9.90% 0.09573 0.05020 0.03507 0.02754 0.02305 0.02008 0.01797 0.01641 0.01521 0.01426 9.90% 9.58% 9.63%8.90% 0.09446 0.04930 0.03429 0.02681 0.02235 0.01939 0.01729 0.01573 0.01453 0.01358 8.90% 8.64% 8.69%7.90% 0.09318 0.04841 0.03352 0.02609 0.02166 0.01871 0.01662 0.01507 0.01387 0.01291 7.90% 7.70% 7.74%5.90% 0.09065 0.04665 0.03200 0.02469 0.02032 0.01741 0.01533 0.01379 0.01259 0.01163 5.90% 5.79% 5.81%

Standard Loan (No Promotion)

3MODEF (3 Months Defferred Payments Only)

Standard Program

6MODEFSAC (6 Months Same-As-Cash with Deferred Payments)

12MODEFSAC (12 Months Same-As-Cash with Deferred Payments)

3MODEF Program (3 Months Deferred Payments Only)

6MODEFSAC Program (6 Months Same-As-Cash with Deferred Payments)

12MODEFSAC Program (12 Months Same-As-Cash with Deferred Payments)

Payment Factors APRs for Documents

19

Closed End Payment Factors & APRs

*For APRs and payment factors for loans in Arkansas and/or Vermont - please call the office


9.90% 0.08779 0.04605 0.03218 0.02528 0.02117 0.01845 0.01652 0.01509 0.01399 0.01313 9.90% 9.73% 9.84%8.90% 0.08735 0.04561 0.03173 0.02481 0.02069 0.01795 0.01602 0.01458 0.01347 0.01259 8.90% 8.77% 8.86%7.90% 0.08690 0.04516 0.03127 0.02435 0.02021 0.01747 0.01552 0.01407 0.01295 0.01207 7.90% 7.80% 7.87%5.90% 0.08600 0.04426 0.03037 0.02343 0.01928 0.01652 0.01456 0.01309 0.01195 0.01105 5.90% 5.85% 5.89%


9.90% 0.08333 0.04591 0.03207 0.02518 0.02108 0.01836 0.01643 0.01501 0.01391 0.01304 9.90% 9.50% 9.62%8.90% 0.08333 0.04549 0.03164 0.02474 0.02062 0.01789 0.01595 0.01451 0.01340 0.01253 8.90% 8.58% 8.68%7.90% 0.08333 0.04507 0.03120 0.02429 0.02016 0.01742 0.01547 0.01402 0.01291 0.01202 7.90% 7.65% 7.73%5.90% 0.08333 0.04422 0.03033 0.02340 0.01925 0.01649 0.01453 0.01307 0.01193 0.01103 5.90% 5.77% 5.81%

Rate 12 mo 24 mo 36 mo 48 mo 60 mo 72 mo 84 mo 96 mo 108 mo 120 mo Rate APR (24 Month Term) APR (36 Month Term) APR (All other Terms)17.99% 0.08333 0.04868 0.03504 0.02832 0.02435 0.02175 0.01994 0.01860 0.01759 0.01680 17.99% 15.41% 15.76% 16.08%15.99% 0.08333 0.04799 0.03429 0.02753 0.02353 0.02090 0.01906 0.01771 0.01667 0.01587 15.99% 13.94% 14.24% 14.50%13.50% 0.08333 0.04709 0.03334 0.02653 0.02249 0.01983 0.01795 0.01657 0.01551 0.01468 13.50% 12.03% 12.27% 12.48%11.90% 0.08333 0.04650 0.03272 0.02588 0.02181 0.01912 0.01723 0.01582 0.01475 0.01390 11.90% 10.76% 10.95% 11.13%10.90% 0.08333 0.04612 0.03232 0.02546 0.02138 0.01868 0.01677 0.01536 0.01427 0.01341 10.90% 9.94% 10.11% 10.27%

9.90% 0.08333 0.04574 0.03192 0.02505 0.02095 0.01824 0.01632 0.01489 0.01379 0.01293 9.90% 9.11% 9.25% 9.39%8.90% 0.08333 0.04535 0.03151 0.02463 0.02052 0.01779 0.01586 0.01442 0.01332 0.01244 8.90% 8.27% 8.38% 8.50%7.90% 0.08333 0.04496 0.03111 0.02420 0.02008 0.01735 0.01540 0.01396 0.01284 0.01195 7.90% 7.40% 7.50% 7.59%5.90% 0.08333 0.04415 0.03028 0.02336 0.01921 0.01646 0.01450 0.01303 0.01190 0.01099 5.90% 5.63% 5.68% 5.74%

Rate 12 mo 24 mo 36 mo 48 mo 60 mo 72 mo 84 mo 96 mo 108 mo 120 mo Rate APR (36 Month Term) APR (48 Month Term) APR (All other Terms)17.99% 0.08333 0.04167 0.03453 0.02782 0.02386 0.02127 0.01945 0.01812 0.01710 0.01630 17.99% 14.72% 14.98% 15.23%15.99% 0.08333 0.04167 0.03388 0.02713 0.02314 0.02052 0.01868 0.01732 0.01629 0.01547 15.99% 13.39% 13.61% 13.84%13.50% 0.08333 0.04167 0.03304 0.02624 0.02221 0.01956 0.01768 0.01630 0.01524 0.01441 13.50% 11.63% 11.82% 12.01%11.90% 0.08333 0.04167 0.03248 0.02565 0.02159 0.01892 0.01702 0.01562 0.01455 0.01370 11.90% 10.45% 10.60% 10.77%10.90% 0.08333 0.04167 0.03212 0.02528 0.02120 0.01851 0.01660 0.01519 0.01410 0.01325 10.90% 9.68% 9.82% 9.96%

9.90% 0.08333 0.04167 0.03175 0.02489 0.02080 0.01810 0.01618 0.01476 0.01366 0.01279 9.90% 8.89% 9.01% 9.14%8.90% 0.08333 0.04167 0.03138 0.02450 0.02040 0.01768 0.01575 0.01432 0.01321 0.01234 8.90% 8.09% 8.19% 8.30%7.90% 0.08333 0.04167 0.03100 0.02411 0.01999 0.01726 0.01532 0.01388 0.01276 0.01188 7.90% 7.26% 7.34% 7.44%5.90% 0.08333 0.04167 0.03022 0.02330 0.01916 0.01641 0.01445 0.01299 0.01186 0.01096 5.90% 5.55% 5.60% 5.66%

6MOSAC (6 Months Same-As-Cash with Payments)








Payment Factors APRs for Documents

Based on the program selection, the payment factor is used to calculate the customer's monthly payment amount.For handwritten documents, the APR may not match the program selection rate. Please use the APR from the chart below.

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Loan Completion Certificate

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Select the signing option

Once inside the application, navigate to the Decision and

Summary tab.

View pages 12-13 for additional e-signing instructions.

®

E-Sign for the LCC only can be selected even if paper documents were generated previously.

If the Loan Completion Certificate is not generated with the initial set of loan documents, you can print or send electronically right from the Decision - Summary tab.

Choose the completion date and click save to begin generating the

Loan Completion Certificate.

Upload Documents

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Use the Review tab to upload documentation to a customer's account.

Click the plus sign to add a new document.

Choose what type of document you are uploading.

Fill in the name and description of the document. Click Browse to locate the file to

upload.

Select Save to upload the document to the account.

Click the red garbage can to delete any document.

If the document will satisfy a stipulation, select "Stipulation Attachment" then select the correct

stipulation.

Customer Notes

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Click to access the notes on the account.

Click to view a summary of all notes.

Make an internal note on the account.

Send a note to FFC.

Search for notes by any of these criteria.

Print a record of all notes.

Reports

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Click the plus sign to generate a new report.

Download your report details as .CSV or .XLS.

Choose the type of report to generate.

Choose the date range for your report.

Select the scope of your report.

Click Generate to run the report.

Check Generate PDF to process a PDF of your report.

Setup

Foundation Finance creates your admin user at the time of dealer setup. You can create additional users as needed.

You can restrict days/times of access for users if you'd like. If you don't have any restrictions for the user, you can leave blank.

Users will get two emails with account login setup information. See the following page for examples.

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To setup and manage users, click the "red person" circle

button.Click the plus circle to add a new user.

Complete the user profile for your employee.

Dealer Admin: Full access to view

application and funding data.

Dealer Sales: Restricted to see only applications they submitted. Select "Work Queue - My Apps"

for the landing page

User Login Setup Emails

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John Smith

John Smith

12345678jsmith

DecisionLender user information emails will be sent from this address. Add the

address to your contacts to be sure not to miss your login details.

The link provided in your email will be to the live DecisionLender site. Be sure to

bookmark it to reference it easily.

You will be prompted to change your password upon signing in to DecisionLender for the first time.

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2

Support

®

®

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The Support tab contains helpful training resources and videos.

Training videos and manuals at your fingertips for help on executing key

functions with DecisionLender.

FFC specific information will be on the Client tab.

Decision Launchpad Link

Foundation Finance can create a custom link that you place on your website to allow customers to securely apply for credit. Applications submitted through this custom link will be transmitted directly to Foundation Finance and updated into your secure DecisionLender portal so you may access them later.

Here's how it works:

1. FFC will create and send you a custom link. The application form is the same basic form used by dealers entering applications online through DecisionLender.

2. The link may be placed on your website by your web developer wherever it makes most sense for you. Foundation Finance is unable to help with this as we do not have access to your website back-end. Your developer may choose to use the link with an image/button ("Financing Available – Apply Now" or something similar) or you may use one of our sample images. Your developer may wish to place the application link in an i-frame to keep your site design consistent.

3. We will process the application, send you a decision email and update the information in your DecisionLender portal. THE CUSTOMER DOES NOT RECEIVE ANY APPROVAL INFORMATION DIRECTLY FROM FFC. It will be up to you, based on the decision, to decide whether or not to proceed, what terms to offer, etc. You will need to contact the customer to do this. Customer contact information can be found in DecisionLender. The loan document process remains the same as usual.

That's all there is to it! This is just another option for our dealers to promote financing on their websites and simplify the customer application process. We are still happy to take applications by phone, fax/email or from you through your DecisionLender portal.

Contact Dealer Support at 855-241-0024 ext. 5012 or [email protected] to get your Decision Launchpad Link.

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DEALER SUPPORT TEAM855-241-0024 ext. 5012

[email protected]

www.foundationfinance.com