SalesForce
This system displays your current work status in SalesForce.
What is the Omni Channel?
Makes equipment or parts that are then marketed by its client, another manufacturer/reseller usually under that resellers name.
What is an OEM (Original Equipment Manufacturer)?
Octane Lending used these for the following (1) loan processing, (2)dealer and, (3) lender.
What are the Octane Lending portals?
This program ensures that we are identifying the customer and verifying his/ her identity by using reliable, independent source documents, data or information.
What is CIP (Customer Identification Program)?
Octane Lending uses this income to decision all deals.
What is NET Income?
This program allows select dealers to have an opportunity every month to earn cash by hitting sales targets.
What is the POWER program?
These units are Golf Carts, Trailers and Mowers.
What are the 3 types of "used" units that we do not finance?
This resource is a link that directs a user to the ‘Roadrunner Financial Retraining Appointment’ page.
What is Schedule a Retraining?
Acceptable documents include Drivers License - required if applicant is purchasing on-road vehicle, US Passport, State Issued ID, Permanent Resident Card (Green Card).
What are proof of Identification documents?
We must complete this task when the applicant is employed less than 2 months and has 1 paystub.
What is employment verification?
When selecting which case to work next, you should always check this status.
What is Priority?
These manufacturers reduce the cost of financing, usually by decreasing the interest rate.
What are sub-vented manufacturers?
Roadrunner breaks down the term into two primary categories - Base and Additional.
What are the two different types of Advance?
We can accept this document if there is a photo. If there is not a photo, then we need the expired drivers license as well.
What is a temporary Driver License?
This applicant has 1 year residency, 1 year job, a gross income of $2650 and a net of $2000.
What is a thin file applicant?
This reflects the current status of the case, which could be approved, contract signed, contract generated or funded.
What is Chevron Status?
There are either single-line (only 1 OEM) or multi-line (more than 1 OEM). Most dealers are multi-line.
What is a Franchise Dealer?
This area in the Dealer portal provides both you and the dealer with insight into new offers that Roadrunner currently has available.
What is the News Bar?
This process allows the specialist when they observe a discrepancy on a Customer Verification stip the ability to make an update to the application.
What is a Field Edit?
Octane Lending uses this company for income verifications on loans.
What is the Equifax Work Number (EWN)?
Before accepting a case you should always check this tab.
What is Case History?
These loans are where manufacturers do not pay anything to reduce the cost of financing.
What is an un-subvented manufacturer?
The Underwriting Guide, Guarantee of Title Form, Funding Checklist, Printable Applications and Rate Sheet Gallery are located here.
What are some items found in the Resources Links?
This is a technology based system for authentication of driver licenses, passports and ID cards.
What is Document Checker?
We must only use this information when verifying income with both business and personal bank statements.
What are Deposits?