DOFC is a integrated finance and lease captive designed to help you power up profits — without administrative hassle.
How it works
Credit Submission
via Dealership or Maketplace
Step 1
DOFC
Handles FCRA Compliance
Step 2
Dealer Sends Funding Packet
to DOFC
Step 3
DOFC Sends Disbursement Breakdown to Dealership Controller, Then Transfers Funds from DOFC to Dealer
Step 4
DOFC Generates Account in Servicing Platform
Step 5
DOFC Collects Payment and Forwards to Your Bank Account
Step 6
DOFC pays Sales Tax and Makes Accounting Journal Entries
Step 7
DOFC Files Quarterly and Annual Tax Filings
Step 8
Focus on sales, we’ll take care of the rest
Underwriting, Fraud Prevention, & Funding
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Assess risk, implement measures to detect and mitigate fraudulent activities, and provide financial resources for loans or investments.
Scorecards, Yield Modeling, Reporting & Residuals
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Evaluate credit risk, compile data insights, and represent the remaining value or income after accounting for expenses or distributions.
Servicing, Collections, & Recovery
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Manage and maintain loans or accounts and recover overdue payments to regain value from defaulted loans or assets.
Residual Value Insurance for Leasing
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Protect lessors against financial loss if the asset’s value at lease end falls below a predetermined residual value.
Formation & Licensing Requirements
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Provide legal and regulatory steps to establish a business entity and obtain permissions to operate within a specific industry.
Regulatory/Consumer Compliance & Lending
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Ensure adherence to regulations governing financial practices, provide loans to while assessing risk, and protect consumer rights.
Sales Support & Dealership Training
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Provide resources to equip dealers and agents with the knowledge and skills necessary to effectively sell products and deliver customer service.
Accounting & Tax Filings
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Record and manage financial transactions; prepare and submit documents to comply with tax regulations and obligations.
Staff Optimization
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Help dealerships operate efficiently with an augmented staff, without the need for extra resources.
Technology, Integration, & Contracts
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Deploy tools to enhance operations for seamless functionality, and legally binding agreements between parties.
self-sustaining
ecosystem
Pairing your dealership with DOWC® and DOFC will create a self-sustaining ecosystem built on cash generation.
Freedom
Enjoy complete financial autonomy
You have the freedom to set your own lending criteria and approval process, rather than banks. This means you can offer your customers more competitive financing options than ever before.
Convenience
Offer effortless in-house lending
Customers have the option to lease a car without going through a traditional bank or third-party lender, offering them unbeatable convenience for all their financing needs.
Tax Benefits
Receive several tax incentives
You can reap the tax benefits of DOFC while auto lessors also enjoy EV tax credits, trade-in tax credits, and fleet depreciation.