Cash-Out insures your risk of chargebacks due to your customers' prepayment of their loans. It is designed to let you maximize your dealership's finance income.

The concept is simple. Your dealership takes 100% of the finance reserve income from the lender. Great American Insurance Company insures your contingent liability for chargebacks due to early payment or default on the retail installment contract for the same cost - or less - than your lender would have required.

Cash-Out then offers multiple ways to generate additional profits for your dealership. Our Retrospective Profit Plan is a simple, effective way to participate in program results. If you want to create wealth away from your dealership, a Reinsurance plan is available. Premier Dealer Services can work with your existing reinsurance company or assist you with the formation and management of a new reinsurance company.

In addition to increasing profits, Cash-Out includes Lender-Watch, a proprietary audit and management software package. Lender-Watch gives your dealership a way to insure that your lenders are properly calculating finance income, payments and chargebacks.

Finance reserve income is one of the major profit centers in your dealership. Cash-Out helps you effectively manage your cash flow and increase your profits with little or no risk.

This product is underwritten out of our Home Office in Cincinnati. As a service, FIS will assist our agents in: making contact with the Underwriter, obtaining an Application, and presenting submission material for review by the Underwriter.