The CLA Quarterly Automotive Roundtable is made up of innovative automotive lenders in Canada.
Participating Companies include: AutoCapital Canada, Axis Auto Finance, Carfinco, iA Auto Finance, Carma Auto Finance, Canada Drives, Rifco, LendCare, NextGear, CWB Financial Group, Rentugo, Autoloans as well as major banks including BMO, CIBC, RBC and Scotiabank.
The goal of this invite-only group is to work on strategies to advance innovative processes that promote credit access to consumers across the lending spectrum. A new leadership forum to explore ways to optimize business processes and digital tools, the CLA Roundtable will meet once every three months to discuss issues facing the sector and trends that will help lenders best respond to changes, challenges and opportunities.
FinTech-forward automotive lending is poised to reinvent the car purchase experience. Covid, as in most industries, has advanced online purchasing. The car buyer path-to-purchase now involves online pre-qualification tools. The Canadian Lenders Association round table will serve as a leadership forum to explore ways to continue to optimize business processes and digital tools.