Frank Mercer's Page

Relationship Status:

Married

About Me:

"C " level executive with three automobile industry related companies:

CU Lending Solutions LLC is a lending strategy and operations firm with its corporate office in Tampa, Florida. We have signed a marketing agreement with FCUL Service Group, a wholly owned subsidiary of the Florida Credit Union League. Our specialty is indirect auto lending where we are in the business of implementing or enhancing a consumer finance company or a credit unions' indirect auto lending program. With lending institutions currently involved with indirect auto lending, we offer a three step process for enhancing the credit unions loan programs as follows: (1) Assessment of current processes (2) Implementation of enhanced processes (3) Risk Management monitoring of portfolio. With lending institutions not involved with indirect auto lending, we offer a process that implements an indirect lending program for the credit union. The program is designed to satisfy the risk tolerance approved by the management team.

American Acceptance Group LLC (AAG) is in its start-up phase and will have its corporate office in San Diego, California. AAG is an independent purchaser, servicer and seller of automobile installment sales contracts. AAG purchases contracts which are originated by franchised and independent automobile dealerships that AAG has an established business relationship. The contracts purchased by AAG represent extensions of credit to borrowers who would generally not qualify for prime financing. These borrowers typically have lower incomes, limited credit histories or past credit problems which preclude their financing of automobile purchases through "primary" financing sources (Captives, Banks and Credit Unions). The AAG program is built on the premise that, by properly structuring the financing transaction and by performing a thorough credit evaluation of each borrower application, many of these potential borrowers can be profitably financed by AAG.

Gateway Dealer Services, Inc. (GDS) develops industrial grade software that will enable automobile dealerships to drastically reduce the time and improve accuracy in the dealer lending process with instantly guaranteed auto loans. Founded by automotive lending and software professionals, GDS is completing its initial product module and preparing to conduct beta tests at several identified customer sites. Key GDS strengths include deep automotive lending and domain knowledge, patentable technology, a unique channel distribution strategy that utilizes embedded distributors in the automobile dealership industry, and a world-class management team. Visit us at www.teamgds.com or for more information send an email to Frank Mercer at addresses.hidden.for@non.subscribersibersibers

Recognized as a special auto finance industry innovator and thought leader, Frank's ability to propel auto industry related companies to their next level has been a key to his success.

Throughout his career, Frank has been instrumental in building winning companies. Before founding American Acceptance, Frank founded CU Lending Solutions, in 2006. CU Lending Solutions is a highly respected lending strategy solutions company to the credit union industry that assists in developing professionals with the personal dedication, capabilities and ethics needed to succeed in today's indirect auto lending environment.

Frank has been involved in three special finance company start-ups. His first start-up was with American Credit Corporation in 1993. Frank held the position of SVP, Chief Credit Officer. ACC went public in 1995 and was sold in October 1997 to Household International. Franks second start-up was founded in 2004 where he was the founding President and COO of ACC Consumer Finance LLC, a leading provider of consumer lo an installment contacts and servicing for the credit union industry. ACC was acquired in February 2007 by CompuCredit Corporation. His current start-up is American Acceptance Group LLC that has raised $1 million in seed capital and is searching for a credit line to purchase dealer contracts.

From 1993 to 2003, Frank served as Group Director of National Sales and was the Chief Credit Officer for Household (HSBC) Auto Finance with $14.5 Billion in assets, and was responsible for generating over $450 Million per month in auto dealer installment contracts. He directed branch network operations, designed and implemented innovative sales programs and was responsible for overseeing the activities of 635 employees.

Multiple disciplines in auto finance lending including:

executive management
sales and marketing
credit and funding operations
risk management
contract negotiations
strategic alliances

Website:

http://www.linkedin.com/in/frankmercer

How many years experience do you have marketing online?

2 years

Do you need help with your online business or marketing strategy?

No

Are you a member of the Mega Wealth Cash Flow System?

No

Who Referred You To Our Club?

Yvette