EFG Offers Guarantee to Offset Sales Volume Declines
EFG Companies announced the launch of Wealth Builder Profit Participation Suite, a new program that guarantees a profit per unit retailed increase of $206,400 per F&I producer, per year. The terms require EFG to reimburse the difference to eligible dealers who fall short.
In a press release, President and CEO Jennifer Rappaport said EFG now offers “something no other provider does — a profit-per-unit guarantee regardless of sales volume and market conditions.”
“We’ve all seen the tendency for providers to promote the reinsurance model that seems most exciting or the latest-and-greatest option as a means of closing new business,” Rappaport said, in part. “At EFG, we don’t push one model over another. We are agnostic, focusing on the business needs and goals of the dealer and recommending the most efficient and appropriate model to best manage their personal wealth creation.”
