I’m sick of paying for the high price of gas…so I hired someone to push my car to work!

I'm sick of paying for the high price of gas...so I hired someone to push my car to work!

As ridiculous as this statement sounds, it actually happens quite often. Often times what looks to be a cost cutting measure will actually cost you more in the long run. Taking longer to get to work, paying someone to push your car, as opposed to taking advantage of what cars are supposed to provide; quicker, easier, more efficient modes of transportation.

Your indirect lending program is no different. A faxed application may appear to be the cheapest route, but the cost to enter data and correct mistakes, equate to longer decision times and will end up costing you business.

**I cant take total credit for this wonderful analogy, thanks George!