Vehicle Service Contracts
Delight borrowers and protect your collateral.
Choose your provider. Standard features:
Why Frost Vehicle Service Contracts?
Choice of Providers
Call center sales assistance? Profit-sharing? Choose your best fit.
Menu-selling Platform
VisualGAP makes it easy for your team and borrowers.
Sales Growth
Increase penetration with our digital and traditional training systems.
Maximize Income
Build non-interest revenue. Your choice of single or multiple streams.
Borrower Benefits
Unexpected mechanical breakdowns can wreak havoc with your borrowers’ daily routines and responsibilities, especially if they don’t have readily available cash on hand. Reduce or eliminate their out of pocket expenses with one of our affordable selection of VSC products. Plans include roadside assistance, towing, rental car reimbursement, and more.
Just like dealer plans. Only Much More Affordable.
Institution Benefits
Program Options
Premium benefits including:
- Call center to assist with sales
- High-return profit sharing
Frost helps you find the best fit for your institution and borrowers. And you’ll always have a nationwide network of trusted repair shops for your drivers.
Freedom to Choose
Fee Income
We know non-interest income is important. So, regardless of which program you select, rest assured that we will work closely with you and your team to maximize your income stream.
One Stream...Or Two?
Minimize Risk
When borrowers are faced with high repair bills, both delinquencies and repos increase. A VSC reduces financial risk for your borrowers while doing the same for your loan portfolio.
Take the pain out of breakdowns